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I could be wrong but the chart seems to show less hospitals closing as compared to ten years ago. But that might be because there are less hospitals to close.
Doctors today specialize and as a consequence there are less general practioners today than there were ten or twenty years ago. That put the burden on hospitals to fill the void.
:doh did you not read the chart heading?
It says annual changes in acute care hospitals participating in medicare program.
If it is going down it means that less hospitals are participating in medicare. which is also true. doctors and hospitals have been reducing their participation in both medicare and medicaid. the reason being it costs them more to treat than what they get in payment.
they can't afford to operate that way anymore so they drop out of the programs. this all has to due with government and how they pay on those programs and the length of time it takes to get a payment from them.