American Hospital Association September 24, 2021
The optimism of early summer that we were turning the corner on COVID-19 has been replaced with hard reality. The pandemic will be with us for the foreseeable future, affecting not only our nation’s health, but also hospitals’ and health systems’ ability to improve it.
A new analysis prepared by Kaufman, Hall & Associates, LLC and released this week by the AHA shows that higher expenses for labor, drugs and supplies will continue to challenge the financial health of hospitals and health systems throughout the rest of this year.
The report projects hospitals nationwide will lose an estimated $54 billion in net income over the course of the year, even after accounting for federal relief funding from last...
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