First there was the mortgage bubble. Then there was the credit crunch. Now there are layoffs. While the experts are waiting for "the bottom", the rest of us are keeping a tight reign on our spending. Ordinarily, this should not effect the healthcare industry because consumers of HC services don't normally pay out-of-pocket for their care but we are starting to hear rumblings; rumblings of hospital cutbacks and rumblings of facility closures.
Taking in what the pundits think is one thing but we want to hear it from the aquatic street so we are turning on the comments this weekend to hear from you. How has your aquatic therapy practice been trending the last few months? How does the economic downturn look in regard to your census? Have your referrals dried up? Have you had to let staff go? Or have your profits tracked even with last year or actually gone up? Contribute to this meme by clicking on the comments link below. The stories you tell may dictate how we all do business in the next 12-18 months.
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