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Hospital Finance

PROLOGUE

Hospital Finance

PROLOGUE: Bradley Strunk and colleagues recently reported in Health Affairs (Web exclusive, 26 September 2001) that hospital care had surpassed drugs as the key driver in health costs. This finding probably comes as a great relief to pharmaceutical executives, as their industry has come under increasing scrutiny from consumer groups and policymakers, even as economists have defended drug prices on cost-benefit grounds. On the other side of that coin we find hospital executives, who may find themselves once again in the hot seat after a decade-long struggle with a managed care industry once described by Uwe Reinhardt as "obsessed with . . . [Full Text of this Article]

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