- Home
- » e-Newsletters
Most hospitals not putting their money where their mouths are
Physician Practice Advisor, January 7, 2004
Forty percent of hospitals don't invest enough capital to stay ahead of asset depreciation, according to the Healthcare Financial Management Association's (HFMA) Financing the Future series.
The report indicates that between 1997 and 2001, spending on capital improvements on hospital assets increased from $23 billion to just $23.7 billion, virtually flat growth given inflation and increased patient demand for services, HFMA says. In the same period, the demand for inpatient services grew 7.7%, and the demand for outpatient services grew 19.6%.
The HFMA report indicated that hospitals in Florida, Hawaii, New Jersey, New Mexico and North Dakota have the most difficulty spending enough to beat depreciation, while hospitals in Idaho, Iowa, Minnesota, Oregon and South Dakota have the least problem.
Most Popular
- Articles
-
- Q/A: Volume requirement for reporting hydration services
- Featured blog post: Nurses face felony charges after reporting physician to the Texas Medical Board
- Catch up on what's new with injections and infusions
- Topic: CMS, OESS post new security compliance review information, checklist
- Capturing all necessary codes for IUD insertion and removal can be challenging
- What does case-mix index mean to you?
- QA:Coding multiple initial infusions
- News and briefs: Oklahoma Osteopathic Association against residency bill change
- HIPAA Q&A: Level of encryption needed for email
- OB services: Coding inside and outside of the package
- E-mailed
-
- Q/A: Volume requirement for reporting hydration services
- Featured blog post: Nurses face felony charges after reporting physician to the Texas Medical Board
- Catch up on what's new with injections and infusions
- New conflicts of interest create new challenges
- Q/A. One injection code or two?
- What does case-mix index mean to you?
- ED-to-inpatient transfers are flawed with safety gaps
- Joint Commission Center announces handoff communication solutions
- Inside best practice: Reduce patient falls with a stoplight
- Identify modifiable risk factors to prevent patient falls
- Searched