August 25, 2021
The spread of the hyper-transmissible Delta variant has created new challenges for hospitals and an uncertain fiscal outlook for the rest of the year.
In its latest hospital flash report, health care analyst Kaufman Hall indicates the Delta variant led to dramatic spikes in new COVID-19 cases and hospitalizations last month, and that increasing revenues were offset by growing expenses from higher-acuity cases. The National Hospital Flash Report includes data from more than 900 hospitals across the country.
“Hospitals likely will face additional setbacks with continued spread of the Delta variant and concerns over diminishing protection from the COVID-19 vaccines,” Erik Swanson, a senior vice president of data and analytics with Kaufman Hall, said in a statement.
Among the takeaways from the report:
The report notes that hospitals face additional challenges in the months ahead, with the spread of the Delta variant, schools reopening, and cooler temperatures bringing more people inside.
“Not surprisingly, hospitals in the regions with the highest rates of the variant were most affected in July, and we expect those impacts to deepen in the months ahead,” Swanson said.
Throughout the pandemic, hospitals have delivered outstanding care for patients with COVID-19 and other conditions, adjusting operations to ensure safe care for everyone who comes through their doors. HAP will continue to advocate for resources to support Pennsylvania hospitals as they deliver this high-quality care throughout the commonwealth.
The Kaufman Hall report, as well as a physician group snapshot, are available online.
Tags: Public Health | COVID-19
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