Navigation Links
The Noblis Center for Health Innovation Forecasts 2009 Trends In Provider Health Care Delivery
Date:12/3/2008

FALLS CHURCH, Va., Dec. 3/PRNewswire/ -- With access to capital becoming more restricted accompanied by a significant decline in philanthropic giving, dwindling investment income, increasing bad debt and growing charity care, many hospitals and health systems are extremely vulnerable.

In the wake of the current economic crisis, here are the five most significant issues that will impact provider health care delivery in 2009, as predicted by the Noblis Center for Health Innovation, a leading non-profit advisory firm to health providers:

    1. Consumer demands will continue to change

       -- Healthcare utilization will be stable or even decline as consumers
          delay in seeking routine care.
       -- Consumers will continue to seek medical information/knowledge via
          Web resources.
       -- Medical travel will increase, expanding the competitive environment.

    2. Budgets will be trimmed and capital investments delayed

       -- Margins will decline, negatively affecting investment income,
          philanthropy, interest payments, unemployment, cash flow, bad debt,
          and charity care.
       -- The economic downturn will force most hospitals to trim their
          operating budgets in 2009, resulting in hiring freezes of
          non-clinical staff, lay-offs, and other expense reductions.
       -- The credit market will tighten further and bond ratings will fall,
          limiting hospitals ability to access capital.
       -- The recent health care construction boom will continue, but at a
          much slower rate.

    3. The health care industry will consolidate even further

       -- Hospitals that have historically relied on investment income,
          municipal funding of indigent and charity care, and low interest
          rate credit lines will experience an increase in bankruptcies,
          program closures, and/or hospital closures.
       -- Small hospitals and rural hospitals will be the most at risk in
          today's economy.

    4. The workforce will be in transition

       -- Physician responses to their own financial uncertainties will vary,
          but will include slowed/delayed retirements, seeking
          employment/practice purchase, and decreased acceptance of no
          pay/slow pay (including Medicaid) patients.
       -- Innovative staffing alternatives will be explored by hospitals and
          physicians as they seek ways to operate more efficiently and expand
          volumes without adding cost.
       -- Nursing vacancies may lessen with some inactive nurses returning to
          the workforce.

    5. Health reform will not be universal, but it will be everywhere

       -- Healthcare reform will be a high priority on the national level
          although significant national system reform is unlikely in the
          short term.
       -- Hospitals will increase efforts to fund care for their uninsured
          patients.

To request a copy of the full 2009 health trends white paper and/or to schedule an interview with Susie Krentz, director of the Noblis Center for Health Innovation or with another member of the leadership team, please contact Jorge Lavina, jlavina@cooperkatz.com or 917-595-3047, Katy Layton, klayton@cooperkatz.com or 917-595-3057 or Amy Lee, alee@cooperkatz.com or 917-595-3055.

About the NoblisCenter for Health Innovation:

The Noblis Center for Health Innovation assists private-sector and government health organizations in achieving their missions through integrative and collaborative advisory services and research. It combines strategic thinking with innovation to support clients' planning and performance needs. For more information, please visit www.noblis.org/Healthcare.


'/>"/>
SOURCE Noblis
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. Siskin Center for Child and Family Research to Focus on Early Childhood Development and Special Education
2. UCSF Medical Center Leads Nation in ER Heart Attack Care
3. Condell Health Network and Medical Center to Pay $36 Million Settlement After Self-Reporting Possible Health-Care Fraud
4. NHS Human Services to Take Over Tri County Human Services Center
5. Saint Barnabas Medical Center Pioneers New Program Bringing Humanities and Humanism to Medicine
6. Acuo Technologies Announces Vendor Neutral Archiving Contract With Rush University Medical Center
7. Fox Chase Cancer Center Purchases CyberKnife System
8. PA Department of Health Halts Admissions at Commonwealth Medical Center in Beaver County
9. VA and Louisiana State University Announce Site Selections for New Orleans Medical Center Projects
10. Design Firm Taps Into Veterans Subconscious to Aid in Designing First-of-its- Kind Recovery Center
11. CVS/pharmacy Raising Funds for the St. Jude Childrens Research Hospital(R) Thanks and Giving(R) Campaign to Support Expanded Rehabilitation Services Center
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/23/2017)... ... January 23, 2017 , ... The Masters of Science in ... leaders with decades of experience who remain current practitioners in the field. With ... there is a renewed demand for versatile, data-driven leadership.The American University’s MS in ...
(Date:1/23/2017)... , ... January 23, 2017 , ... ... on Crystallization in Process Chemistry by Applying Simple PAT Tools . , ... compounds to isolate and purify the desired product. Chemists now spend more ...
(Date:1/23/2017)... ... 23, 2017 , ... Old School Labs™, makers of the wildly popular all-natural ... Breon Ansley to its growing team of brand ambassadors. The Olympia top finisher and ... less than a year was able to turn professional, participating in the 2013 NPC ...
(Date:1/23/2017)... ... January 23, 2017 , ... “Crossing the Bar”: a moving and eloquent ... life. “Crossing the Bar” is the creation of published author, Charlotte Hotte, a North ... who credits the inspiration of the book to her sister, Denise, wishes to acknowledge ...
(Date:1/23/2017)... ... 23, 2017 , ... Valentine’s Day is a time when many people celebrate romance and love ... may be looking for the ideal present, Atlanta-based Perimeter Plastic Surgery is offering ... free. Or, spend $200 and get $50 free. , “A lot of people just ...
Breaking Medicine News(10 mins):
(Date:1/23/2017)... Research and Markets has announced the addition of the ... their offering. ... The interventional radiology products market is expected to reach USD 8.02 ... CAGR of 4.8%. This market is segmented based on type, procedure, ... of this market are rising incidence of chronic diseases, rising geriatric ...
(Date:1/23/2017)... , Jan. 23, 2017 LifeVac, the ... a blocked airway and prevented choking deaths, welcomes ... advocate to the LifeVac team as Official Spokesperson. ... join the LifeVac team," said Arthur Lih , ... to represent LifeVac and his mission to raise awareness ...
(Date:1/23/2017)... TORONTO , Jan. 23, 2017 ... both 510(k) clearance from the U.S. Food and ... from Health Canada enabling the North American commercial ... (MIGS™) system for spine surgery, the 7D Surgical ... employs cutting-edge 3D optical technologies and machine vision ...
Breaking Medicine Technology: