Assignment:
Freestanding hospitals are becoming less common as more hospitals are joining or establishing relationships with multi hospital systems. These associations are driven by factors, such as unrelenting competition in local markets, aging physical plants, increasing labor costs, and higher physician fees, that place a high demand on financial assets. Despite these factors, many freestanding hospitals continue to do well financially, showing increases in total profit margins and total cash flow margins. I do believe we'll see more organizations joining forces in the near future to minimize expenses and maximize resources.
- Do you agree or disagree and why?
Your answer must be typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format.