Outpatient Operations
10/04/2017 |
According to the American Hospital Association, from 1995 through 2014 inpatient admissions to hospitals rose by just 7.6%. By contrast, outpatient visits to free-standing emergency rooms, clinics, urgent care facilities and micro-hospitals rose 81%. Non-hospital operations generate lower revenues but also higher profits as they have less overhead, fewer specialists and less fancy equipment. This is partly why Y-o-Y healthcare inflation has declined from 5% to 2%. Bye-bye hospitals.