Becker's Healthcare February 27, 2025
Thirty-seven percent of U.S. hospitals are still losing money despite big initiatives to recover from the COVID-19 pandemic, according to Kaufman Hall.
Hospital and health system C-suites have been identifying ways to cut costs and become more productive, relying less on expensive contract labor and instead growing a talent pipeline from within. They’ve also incorporated digital technologies and artificial intelligence to support the workforce and become more efficient. But inflation and rising salaries have kept expenses high and reimbursement increases haven’t kept up.
Last year, Kaufman Hall reported 40% of hospitals were losing money; the three percentage point drop shows slow progress toward financial stability but the 37% of hospitals still losing money are faced with tough decisions. In recent...
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