The immediate financial future for many hospitals is bleak, according to a new study.

The study, by the health care management consulting company Kaufman Hall, concludes that

  • “Margins remain depressed relative to pre-pandemic levels.”
  • “More than half of hospitals are projected to have negative
    margins through 2022.”
  • “Expenses are significantly elevated from pre-pandemic levels.”
  • “Hospitals have faced a profound financial toll.”
  • “Ultimately, U.S. hospitals are likely to face billions of dollars
    in losses in 2022 under both optimistic and pessimistic.”

The study cites the COVID-19 pandemic and inflation among the leading causes of hospitals’ financial distress.

Learn more from the Kaufman Hall report “The Current State of Hospital Finances:  Fall 2022 Update.”