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American Hospital Association April 21, 2020
Hospitals’ already thin margins plunged into the red in March as non-emergency procedures and revenues fell and expenses for staff, supplies and building capacity rose to prepare for a surge in COVID-19 patients, according to a new report by health care consultancy Kaufman Hall.
Based on data from more than 800 hospitals, median operating margins fell to –8% in March, down from 4% in February....
