Hospital margins affected by urgent care, PCPs, telemedicine competition
Healthcare Finance News May 31, 2022
April marks the fourth straight month of negative operating margins this year, according to a Kaufman Hall report.
More than two years after being on the front lines of the COVID-19 pandemic, hospitals and health systems continue to struggle financially due to its effects, according to Kaufman Hall’s National Hospital Flash Report.
In April, the seven-day moving average of new COVID-19 cases grew to more than 57,853 at month’s end, up from an average of 25,535 cases on April 1, the report said.
But a new spike in COVID-19 cases in April is only part of the issue. While new COVID-19 variants reportedly cause less severe disease, those who go to the hospital due to COVID-19 or other...