It's been a long pandemic for the U.S. healthcare system, but just as there are signs that the pandemic may be fading, so too is the situation improving for nonprofit hospitals in particular, which are slowly recuperating from the worst effects of COVID-19. Alvarez & Marsal's Healthcare Industry Group recently published findings to that effect, examining data from Quarters 2
As net patient revenue declined, operating expenses rose 5% from 2019 to 2020, according to an analysis of financial statements from the 25 largest nonprofit health systems in the U.S.
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