Health Care to Stay Crucial to Pittsburgh Economy from the Pittsburgh Business Times
"Medicine will continue to drive the western Pennsylvania economy, despite intense pressure to curb health care spending, PNC Economist Mekael Teshome said Friday. Pittsburgh’s population has been increasing, albeit slowly, and the city will continue to be a hub for sophisticated medical care, attracting patients from outside the region, Teshome said. Studies have shown that Pittsburgh’s health care utilization rates are higher than other areas with comparable demographics, which Medicare is trying to curb through innovative pilot programs and cost-cutting. In addition, hospitals and other health care providers are facing cuts in Medicare reimbursement."
"Medicine will continue to drive the western Pennsylvania economy, despite intense pressure to curb health care spending, PNC Economist Mekael Teshome said Friday. Pittsburgh’s population has been increasing, albeit slowly, and the city will continue to be a hub for sophisticated medical care, attracting patients from outside the region, Teshome said. Studies have shown that Pittsburgh’s health care utilization rates are higher than other areas with comparable demographics, which Medicare is trying to curb through innovative pilot programs and cost-cutting. In addition, hospitals and other health care providers are facing cuts in Medicare reimbursement."
Mekael Teshome
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