Study: Hospitals’ financial struggles continued in January
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
The Department of Health and Human Services Dec. 10 amended the Public Readiness and Emergency Preparedness Act declaration for COVID-19, extending liability…
Headline
AHA's latest social media toolkit for encouraging vaccination against the flu and COVID-19 provides fall-themed social media posts and graphics. Download the…
Headline
The Centers for Disease Control and Prevention last week endorsed a recommendation for people aged 65 and older and for immunocompromised individuals to…
Headline
The Centers for Medicare & Medicaid Services Oct. 22 released final guidance detailing reporting requirements for the hospital respiratory data condition…
Headline
The Centers for Disease Control and Prevention is reminding clinicians and other health care workers to take necessary steps to keep themselves and their…
Headline
The National Institutes of Health Oct. 10 released results of a study that found that infection from COVID-19 in the first wave of the pandemic appeared to…