Hospitals' financial health worsening as revenues decline, charity care increases

  1. Here is a link to a newspaper article regarding the increased cost that hospitals are encountering because of the increase of people not having health care.

    Now, what is ironic about this is situation is that another newspaper ran an article speaking about all the jobs that were awaiting the registered nurses that just graduated from school in the town that I live in. But the reality of the situation for most of the new graduates is that jobs are very difficult for them. Why is it that the local newspaper fails to report the true situation?

    Finally, when you read the article just look at the amount of money that these hospitals say that they are losing each year. Now, we could get into a debate regarding truthfulness about the actual numbers that the hospitals are reporting, but the truth of the matter is that all the hospitals are cutting back. Which means that all nurses will eventually be affected by hospitals treating individuals not having health care.

  2. Visit krazykev profile page

    About krazykev

    Joined: Mar '07; Posts: 154; Likes: 83
    Registered Nurse; from US
    Specialty: Neurosciences


  3. by   oramar
    I have been thinking about why so many media outlets are still touting nursing as "recession proof". I think that a lot of it comes from the fact that the thing with the down turn came up so fast that it hasn't registered with them that nursing is affected. The other reason I think maybe that the are pressured by people who have a financial interest in keeping people flocking to nursing schools.
  4. by   TheCommuter
    In addition, this problem is only going to worsen. Masses of people are being added to the unemployment rolls daily. Since most of these newly unemployed individuals will lose their employer-sponsored health insurance, they will stay away from primary care doctors and avoid elective medical/surgical procedures.

    The only way you're going to get these people into a hospital is if an emergent condition arises, and the facility will still lose money since the uninsured segment of the population cannot afford to pay their medical bills.

    If you think U.S. healthcare is already bad, it's only going to get more atrocious.
  5. by   Eirene
    [FONT=Franklin Gothic Medium]I don't understand why the BON's are allowing more and more nursing schools to pop up in Ohio. We already have thousands of new grads graduating every year. The waiting time for the NCLEX is at least 3-6 months.
    [FONT=Franklin Gothic Medium]
    [FONT=Franklin Gothic Medium]There have been three new nursing schools that have recently opened. Does the BON also make money from this? You'd think $75 for yearly renewals wouldn't be worth their time and energy.
  6. by   TheCommuter
    Moved to the Nursing News forum for more feedback.replies.