Abstract
To the Editor: The June 23 issue contains two Sounding Board articles on prospective payment. Schramm and Gabel,1 speaking for the insurance industry, claim that prospective payment has been a financial windfall for hospitals, increasing their profit margins to 6.2 percent. McCarthy,2 speaking for the hospitals, claims that prospective payment has been a financial disaster for hospitals, reducing their profit margin to a mere 0.2 percent. Who's telling the truth?
Original language | English (US) |
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Pages (from-to) | 1550-1551 |
Number of pages | 2 |
Journal | New England Journal of Medicine |
Volume | 319 |
Issue number | 23 |
DOIs | |
State | Published - Dec 8 1988 |
Externally published | Yes |
ASJC Scopus subject areas
- General Medicine