Risky business.
Over the past 18 months, as the recession has weighed on the economy and credit markets, American businesses, investors, and consumers have reduced their appetite for risk. Hospitals have rightly joined the pack, reducing exposure to financing risk and decreasing capital expenditures. However, payment reform will force providers to again embrace a type of operational risk that many have avoided since their experience with capitation in the 1990s.
Mulvany
Chad
C
HFMA, Washington, DC, USA.
D002201:Capital Expenditures / Q000639:trends; D057172:Economic Recession; D005377:Financial Management, Hospital / Q000191:economics / Q000458:organization & administration*; D012308:Risk Management / Q000191:economics*; D014481:United States