title: Capital expenditure trends in California hospitals: 2002-2007.
abstract: From 1997 to 2001, hospitals expanded their capital expenditures by only 1% while future capital investment was expected to grow by 14% (Healthcare Financial Management Association 2004). Analyzing California hospital data from 2002 to 2004 to 2005 to 2007, the author identified and classified capital expenditures into 4 major types. Between the 2 study periods, growth in capital purchases exceeded 23% for medical equipment, expansion, and maintenance types of projects. Large nonprofit hospitals capturing a greater share of the market and serving fewer uninsured and government payers had a greater number of these types of capital purchases.
authors.affiliation: Department of Health Administration, Virginia Commonwealth University, Medical College of Virginia Campus, Richmond, Virginia, USA.
authors.forename: Michael J
authors.initials: MJ
authors.lastname: McCue
mesh_terms: D002140:California; D002201:Capital Expenditures / Q000145:classification / Q000639:trends; D017721:Hospital Costs / Q000639:trends*; D010067:Ownership