Two Reasons it's the Era of the Woman in Healthcare
At least to the extent that the uninsured affect your hospital's prospects as a going concern, those numbers don't create panic in the hearts of many of the CEOs I know. Still, the share of discharges billed to private insurance fell from 39% to 35% between 1997 and 2007, reflecting the decline in the population with private insurance coverage. So I'm not minimizing the struggles you're facing in getting paid, just that facts and statistics have a funny way of helping you discover the truth behind the hype—and helping you make strategic decisions based on reality and not noise level.
And the truth is this:
- Maternal discharges increased to 5 million in 2007, a 16% increase since 1997.
- Infant hospitalizations increased to 4.7 million in 2007, a 21% increase since 1997
So what does that tell you about where you should be investing your capital dollars? I thought so. And you can take that straight to the board.
Note: You can sign up to receive HealthLeaders Media Corner Office, a free weekly e-newsletter that reports on key management trends and strategies that affect healthcare CEOs and senior leaders.
Philip Betbeze is senior leadership editor with HealthLeaders Media.
- MU Compliance Announcement Sparks Concern, Confusion
- New G-Codes to Pay Doctors for Broad Array of Non-Face-to-Face Care
- Scary Financial Challenges for 2014
- MGMA Urges 'End-to-End' ICD-10 Testing
- Resisting the Healthcare Consolidation Frenzy
- 1 in 5 CT Screenings for Lung Cancer Results in Overdiagnosis
- LifePoint Bolsters Presence in Michigan's Upper Peninsula
- Give Nurses in Wheelchairs a Chance
- HL20: George Halvorson—Expectations for Success
- CMS Sets 2014 Pay Rates for Hospital Outpatient and Physician Services