HealthLeaders Media September 21, 2021
Sicker patients and higher expenses are contributing to ‘profound headwinds’ AHA CEO says.
Sicker patients, fewer outpatient visits, and higher expenses for labor, drugs, and supplies will continue to damage the financial health of hospitals and health systems throughout 2021, says a new analysis released today by the American Hospital Association (AHA).
Hospitals nationwide will lose about $54 billion in net income over the course of the year, even after considering federal Coronavirus Aid, Relief, and Economic Security (CARES) Act funding from last year, projects the report, prepared by Kaufman, Hall & Associates, LLC.
Because these projections were made based on hospital performance data in the first and second quarters of this year, before the latest surge, hospitals may face...
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