Hospitals not drowning in doctor costs, survey finds

Dive Brief:

• Despite reports to the contrary, physician-related costs aren’t wreaking havoc with hospitals’ financials, and are actually helping in some cases, Modern Healthcare reports.
• Of 47 health systems that brought more physicians on board last year, 76% reported no notable change in their bottom line, while 22% said hiring additional doctors boosted their finances, according to the organization’s annual Hospital Systems Survey. Fewer than 3% said doing so hurt them financially.
• “It’s not as bleak as it seems,” Ken Hertz, a principal consultant with the Medical Group Management Association’s healthcare consulting group, told Modern Healthcare.

Labor costs are big for U.S. hospitals. According to a recent JAMA report,...

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