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Hospitals Starting to See Economic Slump's Effects
Outpatient Surgery, 11/19/08
Some hospitals are reporting a decline in patient admissions for elective procedures as American consumers look for ways to cut or delay unnecessary expenditures in the midst of an economic downturn. Some hospitals are already noticing a decline in admissions from paying patients, the trend may get worse in the coming months as more Americans are in danger of losing their jobs and health insurance. Even hospitals that haven't seen declines are already taking steps to stay afloat, such as cutting administrative jobs, consolidating facilities and halting capital expenditures.
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