Developing Financial Benchmarks for Critical Access Hospitals
stay within the hospital. In addition, critical access hospitals differ from traditional Medicare Prospective Payment Systems, as well as the small ones situated in the rural expanses, owing to the dissimilarity in payment in Medicare (Pink et al., 2009). Another challenge faced is that a benchmark necessitates clear and unambiguous requirement of good performance, but the onset where performance varies from average to good is every so often not recognizable. For instance, a great deal of individuals can almost certainly come to an agreement that long-term losses are disparaging and that hospitals require returns or profits to supplant capital assets, procure new technology,… Continue Reading...
