Finance & Budgeting
Hospitals and health systems are experiencing the most difficult year financially since the COVID-19 pandemic began, according to the latest annual survey on health care performance trends by Kaufman Hall.
As labor shortages and inflation drive up expenses, U.S. hospitals and health systems this year face the worst financial crisis since the COVID-19 pandemic began, according to a report prepared for AHA by Kaufman Hall.
Congress needs to hear the stark financial realities facing hospitals and health systems in the post-pandemic landscape. These resources can aid your conversations with lawmakers and their staffs as you impress upon them the urgent need to support hospitals amid crushing financial challenges.
America鈥檚 hospitals and health systems continue to face unprecedented financial pressures due to the ongoing effects of the COVID-19 pandemic and current inflationary economy. Historic inflation has extended and heightened the already severe economic instability brought on by the pandemic resulting鈥
In this podcast that highlights a new report from the AHA detailing these factors, Philip Pandolph, president and CEO, Meadville (PA) Medical Center and Chair of the AHA Rural Health Services Committee, explains how rising costs for supplies and equipment, drugs, and labor, along with inflation and鈥
A new AHA report highlights the significant growth in expenses across labor, drugs, and supplies, as well as the impact that rising inflation is having on hospital prices.
Hospitals鈥 and health systems鈥 median operating margins declined by 11.8% in February and 26.7% year over year, according to a new report from Kaufman Hall based on data from more than 900 hospitals.
The AHA today announced it is providing early financing for investment funds run by leaders focused on improving health care access, quality and affordability.
Nationwide Children鈥檚 Hospital is now implementing what we believe is a truly neighborhood-driven and co-designed community investment initiative in Columbus, Ohio.
A recent AHA survey of hospitals and health systems found that 89% of respondents experienced an increase in payment denials over the past three years, and 51% reported experiencing a 鈥渟ignificant鈥 increase in denials.