Washington, DC-area hospitals preparing triage for budgets
Washington, DC-area hospitals are bracing for what could be a budget crisis in coming months resulting from funding cutbacks by Virginia and Maryland. Hospitals throughout the region are experiencing soaring demand from uninsured patients who cannot pay for their care and plummeting revenue from reductions in investment income, charitable giving, and elective surgery. If the economy doesn't improve, there could be "ugly scenarios that would require wrenching changes and scaling back of services," said Chris Bailey, senior vice president of the Virginia Hospital and Healthcare Association.
- CFO Exchange: Smartphones Poised to Disrupt Healthcare, Says Topol
- CNO on Hospital Redesign: 'You Can't Over-Communicate'
- How Digital Strategy Shapes Patient Engagement at Boston Children's Hospital
- Half of All Primary Care, Internal Medicine Jobs Unfilled in 2013
- Consumerism Drives Healthcare Branding, Rebranding Efforts
- PA Ranks See 'Phenomenal Growth,' Lack of Diversity
- Carondelet to Pay $35M to Settle Fraud Allegations
- 3 Traits Personality Assessments Can't Reveal
- Some Cancer Hospitals' Quality Data Will Soon Be Public
- CA Powers Up $80M HIE to 'Create Value in the Data'