‘93/’94 Year-End Review and Outlook : Industry Outlook : Continuing low-grade growth in the national economy, coupled with hopes for stability--if not expansion--in California, is the backdrop for the year in business. Here is an assessment of key industries’ prospects.
This report was compiled by Times staff writer Donna K.H. Walters
HEALTH CARE: High anxiety will prevail amid the wrangling in Washington over health reform. In California, the pace of consolidation among hospitals, physician groups, health insurers and medical products companies will quicken; smaller HMOs will be swallowed up in the process.
