Hospital Diversification Efforts Have Mixed Results

OPEN MINDS The Behavioral Health & Social Service Industry Analyst Industry News Hospital diversification efforts have had mixed results according to a recent survey of 2,000 hospitals conducted by Hamilton/KSA for Hospitals magazine. The survey defined as successful any diversification effort that broke even or made money. According to the survey, freestanding outpatient surgery centers were the most successful hospital diversification strategy, with a success rate of 90.9%. Of the surgery centers, 72.7% were making money and 18.2% broke even. Psychiatric treatment units were the most successful type of behavioral health diversification with 58.3 . . .