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News / Profession

Health Care Organizations Reduce and Merge

Editorial Staff

Sixty percent of US Hospitals and other health care institutions reduced their work forces during the past two years, according to a survey by Manchester Partners International.

Fifty-four percent of the health care organizations in the survey made major changes in the services they provide during 1996 and 1995. Thirty-seven percent of the health care organizations were involved in at least one merger or acquisition during the time, the survey found.

Only 21 percent of the health care organizations expanded in the past two years, according to the survey.

Source: AOLNewsProfiles@aol.net

September 1997
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