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Article: Florida Healthcare Market Shows Signs of Trauma.(Brief Article)
- Article from:
- Healthcare Financial Management
- Article date:
- June 1, 2000
- Author:
CopyrightCOPYRIGHT 2000 Healthcare Financial Management Association. 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)
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Florida's healthcare industry has become decidedly unhealthy for many of its largest participants. Although treatment is in progress, intensive care may be needed to solve some of the current crises.
There are 2.7 million residents 65 years old or older in Florida, accounting for 18.5 percent of the state's population -- the highest concentration of senior citizens of any state in the nation. Yet despite the high demand for healthcare services among this older population, the Florida provider industry is struggling in many areas.
Florida's Problem Areas
Long-term care and HMO struggles. Bankruptcy and insolvency have plagued nursing homes, ...