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Hospitals Flex Their Market Muscle Amid Competitive Threats
American hospitals are a powerful blend of capital, charity, and commercial success. Despite payers efforts to constrain spending and technologies that have enabled more outpatient care, many hospitals are thriving enterprises. In 1970 hospital spending totaled $27.8 billion38 percent of total national health spending that year. Despite slowdowns during the 1990s, by 2001 hospital spending had risen to $451.2 billionat 32 percent, the largest slice of national health spending. This issues major papers document the strong standing of many hospitals in the U.S. health care system and underscore the challenges they face. The issue and a national conference were supported
Founding Editor
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