CMS Issues Hospital Financial
Report
May 3, 2002- On April 29 the Centers for Medicare
and Medicaid Services (CMS) released a report on its views
on the financial and market performance of acute care hospitals
("Health
Care Industry Market Update: Acute Care Hospitals").
The report focuses in large part on Wall Street investors'
views of the financial performance of hospitals. This view
reflects a hospital industry that is showing "signs of
recovery and stabilization, but continued cost pressures loom
on the horizon." The report also states that nonprofit
hospitals are recovering from the poor performance of the
90s at differing rates but that current hospital profit margins
are near the historical average.
Information:
Karen Fisher, Senior Associate Vice President
AAMC Health Care Affairs
kfisher@aamc.org
(202) 862-6140

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