August 30, 2022
The nation’s hospitals faced the “worst margins since the beginning of the pandemic” during July, according to the latest Kaufman Hall National Hospital Flash Report.
Released this week, the report indicated that hospitals saw lagging outpatient volumes and increasing expenses in July when compared to the previous month. These challenges are only accelerating as the funding to help offset the effects of the pandemic has expired, the report noted.
“July was a disappointing month for hospitals and put 2022 on pace to be the worst financial year hospitals have experienced in a long time,” said Erik Swanson, senior vice president of data and analytics with Kaufman Hall.
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. hospital and is available to review online.
A recent Physician Flash Report also is available.
Tags: Public Health | COVID-19
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