Keckley Report October 31, 2022
There are 6093 hospitals in the US: most (84%) are community hospitals accounting for 31% of total health spending ($1.27 trillion which does not include the medical practices and insurance plans they own).
Per the American Hospital Association, 2960 (58%) of community hospitals are non-government, not for profit, 1228 (24%) are investor-owned, for profit and 951 (19%) are state/locally owned; 65% are urban, 68% are affiliated with a multi-hospital operator and the majority (53%) are currently operating at a loss.
In the early stage of the pandemic, hospitals garnered widespread public support for their Covid care heroics. That’s changed: today, hospitals face unprecedented pressure to be more transparent about their prices and business practices, more affordable to employers and consumers,...
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