Mounting margin pressures are driving structural changes in the healthcare industry, according to a recent survey. Hospital systems are consolidating, integrating, accepting accountability, and centralizing supply chains, an article on the Healthcare Construction + Operations website.
The average suburban hospital margins are around 4 percent, but will decline to 0 percent, due to unfavorable payer-mix shifts and reimbursement declines, the survey said.
Due to this and other factors, hospitals are consolidating and integrating with other care settings.
Survey respondents said their most pressing needs are reduced costs and improved efficiency.
Waco Family Medicine Achieves Savings and Bold Design with Wood Selections
Alleged Ransomware Administrator Extradited from South Korea
Design Plans Unveiled for New Intermountain St. Vincent Regional Hospital
Ground Broken on New Pediatric Health Campus in Dallas
Pre-Construction Strategies for Successful Facilities Projects