Bruce Crowther, CEO of Northwest Community Healthcare, says outpatient services will continue to grow even as the need for hospital beds shrinks, according to a Daily Herald report.
The Arlington Heights, Ill.-based hospital system announced it will open four new outpatient facilities and cut 110 jobs at Northwest Community Hospital. Three percent of the hospital's workforce will be eliminated.
Mr. Crowther said the emphasis on outpatient facilities directly results from the healthcare reform law, enacted in March 2010 by the Obama administration. "We can anticipate lower [Medicare] payments, and we can anticipate a shift in incentives to less inpatient work and more outpatient work. Our inpatient volume here and elsewhere is falling and outpatient volume is rising."
Mr. Crowther said the healthcare reform law is designed to provide more people access to health insurance and save money in the healthcare system overall.
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The Arlington Heights, Ill.-based hospital system announced it will open four new outpatient facilities and cut 110 jobs at Northwest Community Hospital. Three percent of the hospital's workforce will be eliminated.
Mr. Crowther said the emphasis on outpatient facilities directly results from the healthcare reform law, enacted in March 2010 by the Obama administration. "We can anticipate lower [Medicare] payments, and we can anticipate a shift in incentives to less inpatient work and more outpatient work. Our inpatient volume here and elsewhere is falling and outpatient volume is rising."
Mr. Crowther said the healthcare reform law is designed to provide more people access to health insurance and save money in the healthcare system overall.
Related Articles on Transactions & Valuation:
Preparing to Open Philadelphia's Vincera Institute: Q&A With Administrator Dominic Vendetta
Dr. Matt Ehrlich to Perform LASIK Cataract Procedures t New Vail Valley Surgery Center
Dr. Marc Anthony Serret to Bring Cases to ThedaCare-Theda Clark Surgery Center