Cone Health in Greensboro, N.C. is inching back into positive operating income territory, reporting $1.5 million in operating income on revenue of $1.33 billion
The nation’s hospitals, health systems, and physician groups closed the second year of the pandemic amid ballooning expenses exacerbated by nationwide labor shortages and global supply chain challenges.
Delta Variant Raises New Uncertainties for Hospitals Nationwide hitconsultant.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hitconsultant.net Daily Mail and Mail on Sunday newspapers.
Narrow Margins, Low Patient Volumes Fuel Ongoing Financial Instability for Hospitals
What You Should Know:
– Narrow margins, low patient volumes, and high costs fuel ongoing financial instability for U.S. hospitals, health systems, and physician groups, according to two new reports from Kaufman Hall.
– U.S. hospitals and health systems saw mixed performance in March, as national COVID-19 metrics plateaued early in the month before climbing steadily again with increased spread of COVID-19 variants, as shown in the latest issue of the
– Physician groups experienced volatility throughout 2020 as a result of the pandemic. Physician productivity, compensation, and revenues for the year all fell below 2019 results. Meanwhile, the average investment required to supplement physician revenues rose, according to year-end analyses featured in the new quarterly issue of Kaufman Hall’s