Hospital capital spending: shifting and slowing even before the financial meltdown.
A recent study of changes in U.S. hospitals' capital spending and financing disclosed that between 2001 and 2007: Annual capital spending rose from $25.1 billion to $34.7 billion. Hospitals shifted capital spending toward physical infrastructure and away from equipment. Not-for-profit hospitals spent a significantly lower percentage of available funds on capital improvements in 2007 compared with 2001.
Schuhmann
Thomas M
TM
Cost Report Data Resources, LLC, Louisville, KY, USA. tschuhmann@costreportdata.com
D002201:Capital Expenditures / Q000639:trends*; D057172:Economic Recession; D005377:Financial Management, Hospital / Q000191:economics* / Q000639:trends; D014481:United States