Dr. George Rodgers discusses the changing landscape for cardiovascular practice, and offers perspectives on hospital integration.
Archive - January, 2010
Creating a Thriving Practice During Tough Economic Times
It used to be an open question whether health care was immune to economic downturns. Although health care is not as tied to consumer confidence as electronics, vacations, or even new vehicle purchases, we now know that it is much more correlated than many once believed. Economic researchers first started noticing declining growth in consumer health care spending in late 2007/early 2008. Overall spending growth on health care is the lowest it has been in a decade, likely driven by low consumer confidence, rising unemployment, and increased use of high-deductible health plans.
