Hospitals are nearing the end of the year with negative margins, with expenses, staff shortages, and fewer patient discharges driving poor performance, according to the latest National Hospital Flash Report from Kaufman Hall. Median operating margins are in the red for the tenth straight month, according to the report requested by the American Hospital […]
Nearly one out of every 10 Texas hospitals is at serious risk of closure, and nearly half of all Texas hospitals are facing negative operating margins this year, according to a new report released this week from Kaufman Hall. The culprit: COVID-19.
The No Surprises Act has reportedly done its job in preventing an estimated 9 million surprise medical bills since going into effect at the start of this year, but for providers, the law has created a revenue cycle and regulatory quagmire. Payment rates for out-of-network claims favor the insurer; the burden is on hospitals to […]