Stubborn Rise in Labor Expense Continues to Clobber Hospital Margins
Gloomy month-over-month report points to higher salaries prompted by nationwide labor shortages. Hospitals hit by the recent Delta surge in the West, South and Midwest experienced the largest year-over-year margin declines for the month. For the second consecutive...
Hospital Revenues Heading Further South
Christopher Fisher, CRCP-I, maxRTE Vice President Business Development Sicker patients, higher labor, supply and equipment costs, and deferred treatment adding up to a 2021 $54 billion loss in net income. Higher costs for labor, drugs and supplies, and continued...
Ask the Expert: Why Insurance Discovery Matters
We’re putting insurance discovery software under the microscope to help you get the full picture, from every angle, about this topic. Since we’ve been helping health care organizations with their financial challenges for many years, we have a handle on the most common...
Uncompensated Care Crushing Hospital Finances, Threatening America’s Healthcare
The seemingly unstoppable growth of uncompensated care is a weighty financial burden borne by hospitals, threatening the long-term survival of these organizations and risking access to healthcare in the U.S. Digital solutions can lead the way back toward healthy...