I've experienced this in my hospitals and have talked about it with my purchasing directors. I call on about 12 hospitals as a supply chain consultant. Each one of them are getting ready to recieve $40-90M cuts from reimbursements which is only one of the cuts facing the hospitals due to the current administration. It's getting to the point were hospitals are telling Dr's to practice in other facilities due to procedures not breaking even. I had an account that just released about 114 nurses and nurse managers due to budget restrictions. They plan on cutting more soon.
Hospitals are going to hurt and, from what I see in my market place, I believe in the next 5 years you'll see several facilities close down. My largest account closed at a $280m deficit last year. It was written a check for $350M from the county. It is preparing for the $90M cut...so nearly a $400M deficit this year...tax increases will have to happen.
Hospitals are going to hurt and, from what I see in my market place, I believe in the next 5 years you'll see several facilities close down. My largest account closed at a $280m deficit last year. It was written a check for $350M from the county. It is preparing for the $90M cut...so nearly a $400M deficit this year...tax increases will have to happen.
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