Recent Study Disproves General Hospitals' Ongoing Criticism of Physician Owned Hospitals, Shows Little to No Effect on General Hospitals' Business, Reports Physician Hospitals of America
Posted on: Friday, 24 April 2009, 16:16 CDT
"The results of the recent HSC study further prove that the physician owned hospitals have a positive, not negative, effect on health care in the communities they serve," said
Additionally, the authors point to the patient centered care offered at hospitals owned and operated by physicians, which results in higher patient satisfaction, greater control over management decisions by physicians as well as better quality at lower cost.
While the study confirms that more and more physicians have decided that they can provide better care to their patients at facilities they own, the general hospitals were able to easily limit any financial impact. A 2006 Medicare Payment Advisory Commission (MedPAC) study reported similar findings, further disproving the allegation that physician owned hospitals are adversely affecting general hospitals or local communities.
A 2009 study from the Health Economics Consulting Group (HECG) revealed that physician-owned hospitals also add considerable value to state economies, ranging from a net effect of
"Rather than pulling money away from big hospitals, the HECG study results demonstrate that physician owned hospitals are actually contributing to the community and economy," says Sandvig.
Currently there are over 200 physician-owned hospitals nationwide which consist not only of specialty hospitals such as those studied, but also of women's, children's, rehab and general acute care facilities. Together these hospitals provide over 55,000 jobs nationally and give patients access to America's top quality healthcare.
For more information on physician-owned hospitals please visit www.physicianhospitals.org.
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SOURCE Physician's Hospitals of America
Source: PR Newswire
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