A new Kaufman Hall study is showing the extent to which hospitals’ finances continue to be negatively impacted by the COVID-19 pandemic.

Results from January 2020 to 2021 show alarming trends in hospitals’ margins, volumes and outpatient revenues compared with the year prior, even as COVID-19 numbers trended downward in the end of the month. Kaufman Hall said hospitals’ operating margin fell 46.1%, not taking into account Coronavirus Aid, Relief, and Economic Security (CARES) Act funding.

The report drew from data from more than 900 hospitals nationwide.

 

Related News Articles

Headline
Hospitals and health systems nationwide saw a sizable increase in delayed or missing payments in first quarter 2024, according to a report released May 10 by…
Headline
AHA urged leaders of the Senate and House Appropriations Subcommittees on Labor, Health and Human Services, and Education to give favorable funding…
Headline
The RAND Corporation May 13 released its latest hospital pricing report, which focuses on prices paid for care at the hospital and service-line level. In…
Headline
Adults age 65 and older are encouraged to receive an updated dosage of the COVID-19 vaccine, the Centers for Disease Control and Prevention announced April 25…
Headline
The Pfizer and Moderna COVID-19 vaccines can cause myocarditis, but do not appear to cause infertility, Guillain-Barré syndrome, Bell’s palsy, thrombosis with…
Headline
The Food and Drug Administration recently granted emergency use authorization for the first over-the-counter home antigen test to detect both flu and COVID-19…