Many health systems are seeing margins near zero for patient operations due to increasing costs, according to a report from Strata. The research overviews the current financial and operational health of hospitals and health systems.
The downgrade reflects the change in Fitch's assessment of Wise's operating risk and financial profiles to 'bb' from 'bbb' due to deterioration in the hospital's operating performance through six-months (ended June 30) and the expectation of sizable operating and net losses in 2022.
Joe DiMaggio Children’s Hospital has completed a $166 million expansion to meet the increasing pediatric needs of South Florida. And the completion may be just in time for one family waiting on a heart transplant.
COLUMBUS, Ohio -- Ohio hospitals work to improve community wellness and support jobs in the cities and towns they serve, but COVID’s impact on the bottom line of the hospital community requires critical care. U.S. hospitals and health systems are experiencing the worst margins since the beginning of the pandemic, according to a fall report from Kaufman Hall.
This problem is decades in the making, from 2008 to 2018, there was a 20% decline in the number of hospitals with inpatient pediatric care units, leaving many families to travel far to find care for their children.
Presbyterian Santa Fe Medical Center is poised to hire a private equity group to manage its emergency room physicians, a decision that has raised concerns among some doctors about a potential decline in patient care in a department they say has been stretched by severe staffing shortages.
