Detroit-Area Hospitals to Invest $1.3 Billion in Improvements
Healthcare may be the key to revitalizing Detroit's economy as area hospitals plan to spend more than $1.3 billion in coming years on capital improvements, according to a study from the Center for Studying Health System Change. However, the infrastructure expansion may lead to higher costs for patients if the hospital systems can't attract new patients from outside the Detroit metropolitan area, the report says. Following earlier hospital consolidation, there are several major nonprofit hospital systems in metro Detroit, with each capturing from 11%-18% of inpatient admissions across the market.
- How Top-Ranked MA Plans Earn Their Stars
- How Hospitals Can Become 'Upstreamists'
- Readmissions: No Quick Fix to Costly Hospital Challenge
- WellPoint Dominates Nearly Half of Markets, AMA Says
- 4 Ways to Lower the Cost to Collect from Self-Pay Patients
- CMS Offers Some ACOs $114M for 'Upfront' Costs
- 4 Tips for Managing Employed Physicians
- House Calls Key to Pioneer ACO Success
- Ebola: Second TX Nurse Diagnosed After Improper Protective Gear Application
- Providers Ask HHS to Address EHR Interoperability Barriers