Due to the indispensable nature of services provided by specialty children's hospitals, industry demand has remained strong over the past five years. Nevertheless, the industry faced some headwinds along the way. A number of states continue to pressure the Medicaid program locally, thus exposing the industry to potential reimbursement risks. In addition, the ongoing shortage of physicians and nurses is causing hospitals to incur high labor costs. Over the next five years, the industry will benefit from an influx of previously uninsured people who will gain healthcare coverage due to healthcare reform.
This industry includes hospitals that provide diagnostic and medical treatment (surgical and nonsurgical) to inpatients who are typically aged 21 and younger. These hospitals treat a specific type of disease or medical condition (except psychiatric conditions or substance abuse), maintain inpatient beds and provide patients with food services and other services (e.g. outpatient services, X-ray services, laboratory services, operating room services and pharmacy services).
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.