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The share of healthcare output produced by hospitals has fallen due to a shift towards outpatient care and preventive services, which prioritize treatments outside of traditional hospital settings. Advances in technology and telemedicine have made it possible to deliver many services more efficiently and cost-effectively in outpatient facilities. Additionally, value-based care models incentivize the management of health conditions before they require hospitalization, further reducing the reliance on hospital services. This trend reflects a broader movement towards integrated care and patient-centered approaches in healthcare delivery.

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2mo ago

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