Hospitals, Specialty Clinics Reportedly Facing Pressure To Offer More Affordable Care For Elderly Patients.

January 10, 2020

Crain’s Chicago Business (IL) (1/10, Goldberg) reported, “A battle for baby boomers has broken out among hospitals and specialty clinics as they adjust to shifting economics in a large and growing segment of the health care market.” Hospital chains “are developing specialized offerings for patients 65 and older,” and “face mounting pressure to deliver better quality care at a lower cost, as the population ages and Medicare heads toward insolvency.” Older adults “are gravitating to specialty clinics that have created new business models to capitalize on the changes in Medicare,” and “hospitals are scrambling to catch up, in some cases by joining forces with Medicare-focused groups.”

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Last modified on 01/14/2020

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