How health systems can strengthen finances amid recessionary pressures
Now is the time for hospitals to shore up cash flow Among the uncertainties facing the healthcare industry in 2023, one challenge is already rising to the top of the priority list: cash flow. Half of U.S. hospitals ended last year with a negative operating margin, with rural hospitals expected to increase closures without the continuation of COVID relief aid. Given this pattern and the soaring costs of labor, supplies and services, it’s not enough to take a wait-and-see approach to ...
