August 01, 2022
U.S. hospitals have faced an “enormously difficult year,” due to COVID-19 and expenses remaining near unprecedented levels, according to the latest Kaufman Hall National Hospital Flash Report.
Released today, the latest report follows a statewide analysis last week showing the surging costs affecting the commonwealth’s hospitals, including a combined $202.3 million in additional staffing costs attributable to COVID-19 during the first quarter of 2022.
Hospitals saw encouraging signs during June, with patient acuity declining and costs easing slightly. Still, they remain nowhere near their pre-pandemic levels, the report said.
“To say that 2022 has challenged health care providers is an understatement,” Erik Swanson, a senior vice president of Data and Analytics with Kaufman Hall, said in a statement.
Here's what you need to know:
The Kaufman Hall report includes data from 900 hospitals to provide an overview of the financial outlook for U.S. hospitals. The report is available to review online.
A national Physician Flash Report also is available.
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