Hospital equipment purchases may be hurt less by the revampingof Medicare capital reimbursement (SCAN 9/11/91) than are hospitalcapital expenditures for real property. In a survey of 647 hospital CFOs conducted by The LINC Group,a Chicago medical
Hospital equipment purchases may be hurt less by the revampingof Medicare capital reimbursement (SCAN 9/11/91) than are hospitalcapital expenditures for real property.
In a survey of 647 hospital CFOs conducted by The LINC Group,a Chicago medical financial services firm, 72.3% of the CFOs questionedexpect to increase expenditures for equipment (see graphs). Fewerthan half (47.5%) anticipate greater capital expenditures on property.
"The large number of hospitals electing to increase theirinvestment in equipment is significant in light of the currentdebate over its cost," said Martin E. Zimmerman, LINC chairman."Given the choice, hospital administrators clearly believetechnology to be a useful and productive investment of their resources."
Hospital CFOs are experiencing a stabilization of financingsources for capital expenditures. They are optimistic about theirability to finance the health-care services of their institutions,the survey said.
The hospital financial officers appear less likely than inpast years to use new debt to finance facility construction andequipment-based services. Given the choice, they would preferto use cash reserves for financing these capital expenditures.
Only about a third of the survey respondents believe that Medicarereimbursement changes would have a substantial impact on theircapital investments. The reaction was the same for both facilitiesand equipment investment. About 63% of the CFOs surveyed see littleor no impact on these capital investments. They apparently havefaith that the Medicare changes will be revenue-neutral as promised,LINC said.
European Society of Breast Imaging Issues Updated Breast Cancer Screening Recommendations
April 24th 2024One of the recommendations from the European Society of Breast Imaging (EUSOBI) is annual breast MRI exams starting at 25 years of age for women deemed to be at high risk for breast cancer.
Study Reveals Benefits of Photon-Counting CT for Assessing Acute Pulmonary Embolism
April 23rd 2024In comparison to energy-integrating detector CT for the workup of suspected acute pulmonary embolism, the use of photon-counting detector CT reduced radiation dosing by 48 percent, according to newly published research.