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  • Title: Fiscal options for America's best hospitals.
    Author: Weil TP, Pearl GM.
    Journal: Manag Care Interface; 2001 Jun; 14(6):44-52. PubMed ID: 11432151.
    Abstract:
    A review of America's "best" teaching hospitals shows a huge disparity in their fiscal positions. Among the 15 hospitals studied, roughly half experience some fiscal distress. However, a somewhat similar fiscal analysis of the nation's largest investor-owned hospital chains, HMOs, and physician practice management corporations shows an even more serious weakness in operating margins and debt-equity ratios. Aside from raising possible ethical, quality, and cost issues, this financial analysis suggests that conversion from nonprofit to for-profit ownership of America's top teaching hospitals might not guarantee an improvement in their long-term fiscal outlook.
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