Prospective Payment

Marshall T. Morgan, Herbert M. Rubinstein, Carl J. Schramm, Jon Gabel, Carol M. McCarthy

Research output: Contribution to journalLetter/Newsletterpeer-review


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 languageEnglish (US)
Pages (from-to)1550-1551
Number of pages2
JournalNew England Journal of Medicine
Issue number23
StatePublished - Dec 8 1988
Externally publishedYes

ASJC Scopus subject areas

  • General Medicine


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