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BC Advantage - 2009 Issue 8

Proposed reimbursement reductions

This issue of IMA Insights focuses on ways to prepare for the proposed reimbursement reductions for healthcare services, as the push for healthcare reform continues. Planning and taking actions now can forestall the continued erosion of operating margins.   Background Hospitals have a history of thin operating margins. The effect of the global economic downturn has weakened the financial position of many hospitals, particularly those that relied upon non-operating income. In July, the three major associations representing the majority of the country's hospitals, the American Hospital Association, the Federation of American Hospitals, and the Catholic Health Association...

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