August 12, 2011 10:16:57 am
With the passage of the 2010 health reform bill, many hospitals are facing the requirement of improving the quality of patient care while at the same time reducing costs. Transitioning from a volume-based business model to a value-based business model is leaving some hospitals wondering if they will survive until 2014 when the bill brings coverage to an additional 32 million people. Some of the challenges hospitals are struggling with include:
For a detailed discussion of the reform bill’s ramifications, please see U.S. News & World Report.
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