Posted on 11/21/2013 1:21:36 AM PST by Olog-hai
The financial security of Germany’s hospitals has fallen sharply in the last year with one in every two hospitals making a loss. A study released on Wednesday blamed rising insurance premiums for the precarious situation. …
Net operating profits fell in almost 60 percent of the country’s hospitals and this year just 13 percent of clinics forecast a strong financial position.
Smaller hospitals with fewer than 3,000 beds were particularly badly affected, the Spiegel reported, with 57 percent making a loss. …
(Excerpt) Read more at thelocal.de ...
What they will say....is that they built the hospitals to handle a certain number of consumers. Well....the larger hospitals can fill the beds, and the smaller ones can’t. If you have a choice of a bigger name German hospital or the local one in your community (300 beds)....you will select the big name hospital. End of the story.
Across Germany, there’s an effort underway to shut down roughly one-third of all hospitals in the next five years. Part of the issue is that regional states aren’t funding the public hospitals at the rate they used to.
Just raise taxes. ;)
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