All Entries Tagged With: "funding"
Case managers doing more with less as the economy falters
It should come as no surprise that case management–a profession borne from the need to combine quality patient care and effective cost management–finds itself on the front line of the our nation’s financial crisis. Healthcare facilities across the country are seeing their financial resources under assault in a multitude of ways, including significant reductions in state and federal funding for Medicaid and Medicare reimbursement, declining endowments and donor contributions, and increases in charitable care. [more]
CMW News: Hospitals facing extreme funding problems
Nine out of 10 hospitals reported that borrowing money has become harder due to the economic recession, and the same number report that obtaining charitable funds has also become more difficult, according to the American Hospital Association (AHA).
A recent survey of 639 hospital CEOs showed that because of the lack of access to capital, hospitals have had to put projects on hold:
- 82% have put facility projects on hold
- 65% have put clinical technology projects on hold
- 62% have put information technology projects on hold
Putting projects on hold hinders hospitals’ ability to continually increase quality and efficient care, and to respond to community needs.
