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Health

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Issue:

Social Issues

 

Written by:

Brittani C

 

Date added:

May 28, 2015

 

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Grade:

A

 

No of pages / words:

3 / 591

 

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5732 times

 

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Essay content:

In 2002, UMF generated over $500 million in revenues from about 40,000 inpatient stays and 750,000 outpatient visits. Over 70 percent of UMF's revenues currently come from inpatient stays, but this percentage has been declining, and by 2005, over half of UMF's revenues are expected to stem from outpatient services...
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As improvements are made in technology and third-party payers continue to pressure providers to cut costs, more and more inpatient services will be converted to outpatient and home care. For example, in 1992, 80 percent of UMF's ophthalmological surgeries took place in University Hospital, while in 2002, 80 percent were conducted in outpatient settings...
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