Since 1992, Paul DellaRocco has led The Haelen Group, a health care management and proprietary hospital firm, as its President and CEO. During this period, he has succeeded in lowering a children's hospital's expenses by 35 percent, after which he doubled its operating budget and raised occupancy rates by more than 100 percent.
According to a recently released report by IBISWorld, children's specialty hospitals account for roughly 5 percent of American hospitals and represent the backbone of the nation's pediatric health infrastructure. Their indispensable nature means that demand for children’s hospitals’ services has stayed strong throughout the last several years. Further, the industry benefits from the fact that unlike adults, most children have some sort of medical coverage.
From 2008 to 2013, the report estimates, the children's specialty hospitals sector increased revenue at an average yearly rate of just over three percent. The report predicts a four percent rise in 2013 alone. In the near future, IBISWorld believes hospital services will stay in strong demand owing to healthcare reform and other underlying trends.
According to a recently released report by IBISWorld, children's specialty hospitals account for roughly 5 percent of American hospitals and represent the backbone of the nation's pediatric health infrastructure. Their indispensable nature means that demand for children’s hospitals’ services has stayed strong throughout the last several years. Further, the industry benefits from the fact that unlike adults, most children have some sort of medical coverage.
From 2008 to 2013, the report estimates, the children's specialty hospitals sector increased revenue at an average yearly rate of just over three percent. The report predicts a four percent rise in 2013 alone. In the near future, IBISWorld believes hospital services will stay in strong demand owing to healthcare reform and other underlying trends.