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In 2019, Hill-Rom rebranded itself as Hillrom. [5] The rebranding emphasized the company’s transition from its history of developing hospital beds and medical devices to a focus on digital health products and software that support connected care across the healthcare continuum for the digital health market.
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The largest industry in Batesville is the manufacturing of hospital and health care equipment, most notably hospital beds. William Hillenbrand and his aunt Mary Mitchell founded HillRom in 1927. The business grew rapidly after the Great Depression ended. William convinced hospitals to use his wooden hospital bed for six months free of charge. [12]
Administrative costs. About 25% of U.S. healthcare costs relate to administrative costs (e.g., billing and payment, as opposed to direct provision of services, supplies and medicine) versus 10-15% in other countries. For example, Duke University Hospital had 900 hospital beds but 1,300 billing clerks.
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Indeed, the Hill–Burton Act made it possible for even small, remote communities to have their own hospitals (Wolfson and Hopes, 1994). By 1980, the United States had reached its goal of 4.5 community hospital beds per 1,000 civilian population (National Center for Health Statistics [NCHS], 2002) even though the Hill-Burton program ended in 1974.
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