A new federal program tries to make hospitals more efficient
In recent years the nation's Medicare system has been moving on a high-speed course toward financial disaster. Inflation, the high cost of new medical technology and the rapid growth of the nation's elderly population are draining the resources of the program, which pays the hospital expenses of people 65 and over. By 1988, if there is no letup in the rise in medical costs, Medicare's $8.8 billion hospital insurance trust fund will be depleted. By 1995 it would be in the red by as much...
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