{"id":112241,"date":"2021-06-14T08:30:36","date_gmt":"2021-06-14T08:30:36","guid":{"rendered":"https:\/\/www.healthbenefitstimes.com\/glossary\/?p=112241"},"modified":"2021-06-14T08:30:36","modified_gmt":"2021-06-14T08:30:36","slug":"diversification","status":"publish","type":"post","link":"https:\/\/www.healthbenefitstimes.com\/glossary\/diversification\/","title":{"rendered":"Diversification"},"content":{"rendered":"<p>A term coming into use as hospitals enter lines of business other than care of the sick and injured in an effort to obtain revenue from a variety of sources and remain solvent. The hospital is typically restructured in the process of diversification, and foundations, holding companies, and the like may result. The new &#8220;businesses&#8221; may be other health care enterprises such as home care or neighborhood health centers; they may also be other activities, such as offering its collection or public relations services to other clients.<\/p>\n<hr \/>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A term coming into use as hospitals enter lines of business other than care of the sick and injured in an effort to obtain revenue from a variety of sources and remain solvent. The hospital is typically restructured in the process of diversification, and foundations, holding companies, and the like may result. The new &#8220;businesses&#8221; [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-112241","post","type-post","status-publish","format-standard","hentry","category-d"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Diversification - Definition of Diversification<\/title>\n<meta name=\"description\" content=\"A term coming into use as hospitals enter lines of business other than care of the sick and injured in an effort to obtain revenue from a variety of sources and remain solvent. The hospital is typically restructured in the process of diversification, and foundations, holding companies, and the like may result. 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The hospital is typically restructured in the process of diversification, and foundations, holding companies, and the like may result. 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