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2023 Costs of Caring
Hospitals appreciate the support and resources that Congress have provided throughout the COVID-19 pandemic; however, additional support is needed to keep hospitals strong so they can continue to provide care to patients and communities.
Massive Growth in Expenses & Rising Inflation Fuel Financial Challenges for America’s Hospitals & Health Systems
A new AHA report highlights the significant growth in expenses across labor, drugs, and supplies, as well as the impact that rising inflation is having on hospital prices.
The Effect of COVID-19 on Hospital Financial Health
When the COVID-19 pandemic emerged, hospitals had to stop all but the most urgent non-COVID care. The result was a dramatic slowdown in volume of patients and in revenue, while expenses remained high. The result has been an unprecedented impact and an uncertain future about the ability of hospitals to serve their communities and remain financially viable.
Pandemic Could Trigger Changes in Commercial Health Plans
While commercial payers and employers are finding their own ways of dealing with this new COVID-19 normal, it’s important for hospital and health system leaders to stay abreast of how the upheaval in these sectors may ultimately impact provider organizations.
Health Care Faces Financial Challenges During the Pandemic
COVID-19 continues to spread throughout much of the country. Many states are experiencing spikes in cases. Media outlets report a daily total of confirmed cases, hospitalizations and deaths from the virus. But the financial havoc the pandemic is wreaking on hospital and health system finances is only beginning to be understood.
2022 Costs of Caring
Hospitals appreciate the support and resources that Congress have provided throughout the COVID-19 pandemic; however, additional support is needed to keep hospitals strong so they can continue to provide care to patients and communities.
The Current State of Hospital Finances: Fall 2022 Update
Since the onset of the COVID 19 pandemic in March 2020, our nation’s hospitals and health systems have coped with intense pressure on staff and resources. Hospitals also are facing a host of other related challenges, including workforce shortages, supply disruptions, and rising expenses. These findings underscore the broad and serious threats America’s hospitals have faced and continue to face in 2022 caring for their communities throughout unprecedented challenges.
Hospitals Face Financial Challenges Due to COVID-19 - Washington Regional Medical Center | Fayetteville, Ark.
While many hospitals and health systems are focused on a possible resurgence of COVID-19 cases in the fall, Washington Regional Medical Center in Fayetteville, Ark., is only now seeing its first surge of these patients.
Specialist and Private Practices Take Severe Blow During Pandemic
Published last month, the first of a three-part survey report from The Physicians Foundation paints a sobering picture of the existential threat the pandemic has posed to many physician practices.