With the enactment of the health care reform bill, cuts to state health care budget and hopes of increasing revenues, hospitals in Florida and New York are trying new ways to operate in the black and boost finances.
The Miami herald reports that Jackson Health Systems in Florida plans to use cost accounting, the hospital is in a process of buying software that will give them accurate information of which procedure makes them money and which ones do not.
In Syracuse New York, according to web site syracuse.com, St Joseph hospital hopes to boost finances by buying up doctor’s practices to create one health care network and have adequate supply of doctors.
Source: Kaiser Health News : http://www.kaiserhealthnews.org/Daily-Reports/2010/November/05/Hospitals.aspx
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