Industry Analysis & Industry Trends
The Hospitals industry experienced somewhat softened demand during the recession as insurance coverage rates and disposable income decreased. However, healthcare reform is expected to result in more people with insurance, which will drive demand for hospital services and reduce the number of uninsured patients treated by industry operators. Additionally, rising service prices and cost-cutting efforts such as the implementation of electronic health records systems will likely boost profit margins in the next five years. However, healthcare reform may also have the long-term effect of driving patients out of the industry altogether, as less expensive alternatives to hospital care become more popular... purchase to read more
Industry Report - Industry Locations Chapter
The location of hospitals in the United States is largely determined by the same factors that drive demand for hospitals in general. The number of hospitals in a particular region will be determined by the size of the regional population and the demographic features that inform its healthcare needs, such as the age of the population or its general level of health. Accordingly, regions with larger (and older or less healthy) populations will generally have a larger share of the country's hospitals. Other factors, such as regional fluctuations in the birthrate or disposable income, will also impact a region's demand for healthcare.
The regions with the largest share of industry activity include the Southeast, West and Southwest... purchase to read more