Thursday, September 4, 2014

Hospitals' Revenues Lagging, Unions Flagging

One of the under reported causes of the high cost of health facilities, especially hospitals and nursing homes, is the high rate of unionization in the sector. In the glory days of spending growth, unions staged great campaigns to organize healthcare workers.

After Obamacare, things are different. Moody’s recently reported that non-profit hospitals’ top-line revenue growth was just 3.9 percent last year, an “all-time low.” For many businesses, 3.9 percent revenue growth in the Obama economy would be relatively rosy. However, it’s not what hospitals are used to.

Read the entire column at NCPA's Health Policy Blog

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