28 December 2008, 5:05 am
Recent developments in the economy are starting to come to Huntington in the form of lay offs at Steel companies and Rubber companies but the worse is yet to come. 2 of the biggest 3 employers in the Huntington area are St Marys and Cabell and recent national surveys of hospitals have indicated that hospitals are cutting back a full 70% of have started cost saving operations nationally and with patients with higher deductibles with health insurance starting to populate the region this will only further accumulate the amount of bad debt these hospitals are carrying. When will the cut backs begin? and what will be affected? My guess is the Childrens wing at Cabell will be severly affected not that there is really any need for it to begin with, but lets build it anyways, just like the Edwards Cancer center (by the way rich people with good insurance still drive to Columbus) Cabell in its most recent survey only had a 50 percent satisfaction rate yet they keep building, my suggestion to both hospitals is stop with construction worry about quality becauzse at this time there are a limited number of patients you can make money and the hospital that gets the most of them will be the success. As they say in the hospital business we lose money on every patient but make it up in volume.