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Hospital Financials Have Recovered to Pre-Recession Levels, According to Thomson Reuters Study
Date:11/9/2009

ge has been achieved by reduction of patient length of stay.
  • Hospital Admissions Increase: Mean patient discharge volumes for all hospitals began declining shortly after the recession started -- but moved into positive territory in Q209.

"U.S. hospitals are on track to come out of the recession in better financial shape than they were in when the downturn began," said Gary Pickens, PhD, chief research officer at Thomson Reuters and one of the study's authors. "When we published our first analysis of hospital economic health in the fall of 2008, hospitals were facing unprecedented economic stress and staring down a real crisis. Now, by taking aggressive measures to reduce costs, the majority of hospitals are positioned for a strong recovery."

Journalists can request a copy of the study from David Wilkins at (734) 913-3397 or david.wilkins@thomsonreuters.com. It also can be downloaded here (registration required).

The Healthcare & Science business of Thomson Reuters will update this report regularly as an ongoing benchmark of hospital financial performance.

About Thomson Reuters

Thomson Reuters is the world's leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial, legal, tax and accounting, healthcare and science and media markets, powered by the world's most trusted news organization. With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs more than 50,000 people and operates in over 100 countries. Thomson Reuters shares
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