Effects of rate review on the financial viability of New York hospitals: a retrospective assessment.

This article reports the findings of a study analyzing the effects of rate setting on the financial condition of New York hospitals from 1974 to 1980. During this period, the New York rate review system was considered one of the most stringent--and successful--cost containment programs in the county. The conclusions of this study indicate that there may be serious long-term consequences of cost containment programs of this type.