COVID-19 surge threatens hospital finances
Hospital operating margins are poised to fall as COVID-19 cases increase, data show. Although federal relief funding gave some relief, the median hospital operating margin dropped 1.2 percentage points year over year, and 1.7 percentage points through October, Kaufman Hall found…
PS: I don't subscribe so couldn't post the entire article.
herring_RN, ASN, BSN
3,651 Posts
Fleecing Patients: Hospitals Charge Patients More Than Four Times the Cost of Care
SUMMARY OF FINDINGS
... As the Covid outbreak deepens, a simple truth remains: increasing hospital charges play a substantial role in our country’s skyrocketing health care costs and deteriorating health. Moving away from their focus on patient care and community service, hospitals have become increasingly fixated on profits, leaving millions of patients and families to suffer...
https://act.nationalnursesunited.org/page/-/files/graphics/1120_CostChargeRatios_Report_FINAL_PP.pdf