Warding Off Decline, Hospitals Invest in Outpatient Clinics
Wall Street Journal September 25, 2017
As patients increasingly seek cheaper and more convenient care, some of the largest U.S. hospital operators are investing in surgery centers, emergency rooms and urgent care clinics
Some of the hospital industry’s most active investing these days is happening outside the hospital.
Giant U.S. hospital operators, including Tenet Healthcare Corp. THC +0.75% , Dignity Health and HCA Healthcare Inc., HCA +1.74% are investing heavily in surgery centers, emergency rooms and urgent care clinics located outside hospitals, chasing after patients who increasingly want cheaper and more convenient care.
Insurers and employers that pay for health care are helping drive the change as they shift more Americans to high-deductible insurance plans, which require patients to pay more of their medical bills before...