|
|
Article: Hospitals in highly managed care markets report significantly lower costs, reduced length of stays, and lower mortality rates, says KPMG study; Hospitals in Miami, Charlotte, Cincinnati, Indianapolis, Tacoma, Santa Fe, among the most improved in study of US Hospitals; Copies of The Impact of Managed Care on US Markets are available (800) 243-1397.
- Article from:
- Business Wire
- Article date:
- February 1, 1996
CopyrightCOPYRIGHT 1996 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
with high levels of managed care report significantly lowered costs, reduced length of stay, and decreased mortality rates according to a national study of 11.7 million patients at 3,700 acute care hospitals released today by KPMG Peat Marwick LLP.
Hospital costs in high managed care markets were approximately 11 percent below the national average and 19 percent below hospital costs in low managed care markets, according to the comprehensive study, The Impact of Managed Care on US Markets. Hospital stays are significantly shorter in high managed care markets, 6.32 percent less than the national average, and almost 12 percent shorter than hospital stays in medium ...