Becker's Healthcare November 10, 2021
While hospitals struggled to make ends meet during the pandemic, federal COVID-19 funds allowed many rural hospitals to invest in technology, according to Kelly Arduino, a healthcare industry leader for accounting firm Wipfli.
The funds themselves could not typically be used for digital investment, as they had to be COVID-related, but freed up money in other areas to invest, which many rural hospitals were not able to do before, Ms. Arduino told Becker’s.
“COVID funds were not targeted for technology,” Ms. Arduino said. “They were targeted for COVID-related expenses. However, it has had the positive effect of hospitals being able to use those funds for expenses and freeing up money to be able to invest in technology.”
These investments were...