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At least 451 records · Page 25Linked to original sources
PubMed1998

AHA blasts federal policy on home health ownership.

A month after the Health Care Financing Administration implemented its new transfer payment policy, the American Hospital Association has blasted federal investigators for unfairly targeting hospital discharge planners. According to the association, recent actions by investigators suggest that the government is set to crack down on hospitals that own home health agencies, and particularly on discharge planners, who remain under suspicion for allegedly limiting patient choice in steering patients to hospital-owned agencies. The AHA's senior associate director of policy development stresses the importance of reviewing and correcting all discharge policies to make sure financial incentives aren't driving discharge decisions.

American Hospital Association↗
PubMed1999

Analysis of the rationale for, and consequences of, nonprofit and for-profit ownership conversions.

OBJECTIVES: To examine percursors to private hospitals conversion, both from nonprofit status to for-profit status and from for-profit to nonprofit status, as well as the effect of hospital conversions on hospital profitability, efficiency, staffing, and the probability of closure. DATA SOURCES: The Health Care Financing Administration's Medicare Cost Reports and the American Hospital Association's Annual Survey of Hospitals. STUDY DESIGN: Bivariate and multivariate analyses comparing conversion hospitals to nonconversion hospitals over time were conducted. DATA EXTRACTION METHODS: The study sample consisted of all private acute care hospital conversions that occurred from 1989 through 1992. PRINCIPAL FINDINGS: Hospitals that converted had significantly lower profit margins prior to converting than did nonconversion hospitals. This was particularly true for nonprofit to for-profit conversions. After converting, both nonprofit and for-profit hospitals significantly improved their profitability. Nonprofit to for-profit hospital conversions were associated with a decrease in the ratio of staff to patients. No association was found between for-profit to nonprofit conversion and staff-to-patient ratios. The difference seems partially attributed to the fact that nonprofit hospitals that converted had higher staff ratios than the industry average. For-profit to nonprofit hospital conversions were associated with an increase in the ratio of registered nurses to patients and administrators to patients, despite the fact that nonprofit and for-profit hospitals did not differ in these ratios. CONCLUSIONS: The improvement in financial performance following hospital conversions may be a benefit to the community that policymakers want to consider when regulating hospital conversions.

Acute Disease↗
PubMed1985

Recovery of funds in transaction affecting ownership of federally assisted health professions and nurse teaching facilities--HRSA. Statement of general policy.

HRSA announces its recovery policy regarding purported leases and sales of (1) health professions teaching facilities or affiliated hospitals constructed with grant funds under Part B of Title VII of the Public Health Service Act, and (2) nurse teaching facilities constructed with grant funds under Title VIII of the Act.

Hospitals, Teaching↗
PubMedDate not supplied

A comparative financial analysis of multi-institutional organizations by ownership type.

Concern about future directions in healthcare exists, with corporate consolidation seen as likely and necessary. To understand this transformation, the author examines the financial growth trends among the nation's leading corporate providers. Investor-owned (IO) and not-for-profit (NFP) firms are compared using audited data on four financial accounts (assets, debt, equity and income) and three financial ratios (liquidity, leverage, and profitability). The author analyzes financial trends from 1978 to 1982 and looks beyond the significant differences in the balance sheet and income statement accounts to a significant similarity in ratio trends between the NFP and the IO firms' financial conditions. The implications of these findings are discussed in terms of future forms of corporate providers.

Financial Audit↗