212860 Cook County Hospital – How is the public sector reacting

Tuesday, November 10, 2009: 3:10 PM

Simon Piller, MD , Pediatrics, Cook County Hospital, Robbins, IL
     
Unless there is a drastic turnaround in the US economy, Public Organizations such as Cook County Hospital will be required to care for more patients with limited resources. Tying together the credit worthiness of Cook County and the budget allocations for the hospital will demonstrate how this certain sector is affected and the decision making process of what services to offer in light of constricting budgets affect the health of patients.

Learning Objectives:
Identify how the budget of Cook County has affected Cook County Hospitals Assess which services have been cut back due to financial hardship. Discuss the rate of return on investments made to Cook County Hospitals under varying bond ratings. Discuss the role of bond ratings in expanding public hospital services. Evaluate the economic recession on the public hospital market – specifically how increased demand for services are met with a decreased supply of services.

Presenting author's disclosure statement:

Qualified on the content I am responsible for because: I have published many papers regarding the macroeconomics of the US financial sector as well as served as the Vice President of Research for the Philadelphia Federal Reserve Bank.
Any relevant financial relationships? No

I agree to comply with the American Public Health Association Conflict of Interest and Commercial Support Guidelines, and to disclose to the participants any off-label or experimental uses of a commercial product or service discussed in my presentation.

See more of: The Credit Crunch, Privatization, and the Future of Public Hospitals
See more of: Health Equity and Public Hospitals Caucus