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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.
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.
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.
Financial Effects of COVID-19: Hospital Outlook for the Remainder of 2021
America’s hospitals face significant, ongoing financial instability as the ravages of the COVID-19 pandemic continue to fester. Kaufman Hall projects hospitals nationwide will lose an estimated $54 billion in net income over the course of the year, even taking into account federal Coronavirus Aid, Relief, and Economic Security (CARES) Act funding from last year.
3 Digital Strategic Priorities for the Next Normal
A recent report, “Journey Toward the Next Normal,” from the Providence Digital Innovation Group provides some answers and examines the role that technology and digital health will play in achieving this transformation.
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.
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.
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.