Head of FAH sees long-term value in voluntary cost containment.
Michael D. Bromberg, executive director of the Federation of American Hospitals, underscores the importance of the voluntary effort for health care cost containment. He sees investor-owned hospitals, with their expertise in management, as providing incentive (namely, the profit motive) for maximum efficiency. Not-for-profit hospitals, he said, could also use some of the for-profit concepts.
D000573:American Hospital Association; D003365:Costs and Cost Analysis; D004469:Economics, Hospital; D006777:Hospitals, Proprietary / Q000191:economics* / Q000458:organization & administration; D012952:Societies; D012954:Societies, Hospital; D014481:United States