Hospitals across the state experienced their most difficult financial year in 2022 since the beginning of the pandemic, according to a new study released Wednesday by the Indiana Hospital Association. According to the report, Indiana hospitals lost a total of $72 million last year and saw their median operating margin fall to negative 2%—down from 4.2% in 2021 and 3% in 2020. Total operating income fell $1.2 billion below pre-pandemic levels.
The percentage of female CFOs hit an all-time high of 16%, up from 6.3% in 2004 (when Crist Kolder first started tracking the data). The number of women CFOs has nearly doubled over the last 10 years. But that’s still less than 1 in 5 CFOs.
Sen. George Burns, R-Pollard, has filed Senate Bill 304 to add nonprofit hospitals to the list of entities that receive sales tax exemptions for goods and services.
The Nebraska Hospital Association and Nebraska Rural Health Association released the Roadmap to Strong Rural Health Care on Monday. This document outlines the many challenges faced by rural healthcare along with proposed legislative strategies and solutions.
Legacy Health has announced plans to close its Family Birth Center at Legacy Mount Hood Medical Center in Gresham, citing a shortage of workers and financial losses in the aftermath of the COVID-19 pandemic.