The long view: how the financial downturn will change health care.
There are five reasons that today's economic downturn will have a much broader impact on U.S. health care than did past recessions: This downturn is likely to be more severe and last longer. Healthcare organizations are experiencing problems from several directions simultaneously. Healthcare organizations entered this downturn more heavily leveraged and more vulnerable. This downturn is notjust a recession, but a major realignment for financing practices. As the realignment occurs and the new financing order sorts itself out, healthcare organizations are not likely to receive the favorable treatment they had in the past.
Moore
Keith
K
McManis Consulting, Greenwood Village, Colo, USA. kmoore@mcmanisconsulting.com
Coddington
Dean
D
Byrne
Deirdre
D
D003695:Delivery of Health Care / Q000191:economics* / Q000458:organization & administration; D004467:Economics / Q000639:trends*; D004469:Economics, Hospital / Q000639:trends; D005377:Financial Management, Hospital; D018166:Health Care Reform; D014481:United States