Healthcare Finance News May 18, 2018
Greater labor costs, staffing shortages, EMR optimization and shift away from inpatient-centric systems are the future, Moody’s report says.
The healthcare systems of the future will emphasize outpatient care, the drive towards digitization and telehealth as they shoulder shoulder greater labor costs in the face of staffing shortages. That’s the word from a new report published by Moody’s Investor Service for nonprofit and public hospitals.
An emphasis on outpatient services will stem from its efficiency and lower cost in treating less severe health issues, even though higher acuity inpatient services are more profitable and carry higher reimbursement rates. Outpatient facilities also provide a lower-cost means to expand into underserved areas. Traditional hospital bed space will likely be reserved for scheduled,...
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