May 04, 2023
Hospitals continue to maintain razor-thin margins, putting them in “a vulnerable position should a recession or a new public health emergency materialize,” according to a new report.
Released this week, the latest Kaufman Hall National Hospital Flash Report, shows that hospitals’ margins improved slightly month-over-month, but they remain below their pre-pandemic levels.
“Under the seemingly calm surface, there are significant challenges—especially labor shortages and diminished margins—that could quickly reach the surface should another crisis arise,” said Erik Swanson, senior vice president of data and analytics with Kaufman Hall.
Here’s what you need to know:
HAP continues to advocate for resources to ensure Pennsylvania’s hospitals can deliver outstanding care in their communities.
Kaufman Hall’s national flash report includes data from more than 900 hospitals. The report is available to review online.
Tags: Access to Care | Public Health | Hospital Sustainability
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