Fierce Healthcare September 27, 2021
Hospitals’ August financials bowed under the weight of the COVID-19 delta variant, albeit not nearly to the extent they did during the widespread disruption of 2020, per Kaufman Hall.
According to the group’s latest monthly report on industrywide performance, upticks in new COVID-19 cases and hospital admissions maintained pressure on hospitals’ bottom lines. By most measures, the industry has yet to return to the margins and volumes it saw prior to the pandemic.
“Hospitals nationwide have faced significant recent setbacks in the wake of the delta variant,” Erik Swanson, senior vice president of data and analytics with Kaufman Hall, said in a statement. “COVID-19 rates appear to be tapering in September, but the August data show we are not out...