Could 6, 2024 – A report from the American Hospital Affiliation (AHA) reveals that hospitals and healthcare techniques proceed to face important monetary pressures, testing their capacity to supply affected person care. Knowledge from 2023 confirmed that hospitals and healthcare techniques continued to face excessive prices for labor, drugs and provides. As well as, Medicare and Medicaid reimbursements haven’t saved tempo with rising prices, leaving main healthcare techniques and hospitals uncovered to business insurer practices comparable to denying and delaying entry to funds and affected person care. In 2024, these challenges have continued, and have additionally been exacerbated by occasions such because the latest Change Healthcare cyberattack.

The AHA report reveals that economy-wide inflation rose 12.4% between 2021 and 2023. It additionally confirmed that staffing challenges proceed to trigger monetary strain for hospitals, with hospital labor prices accounting for a median of 60% of a hospital's price range. elevated by greater than $42.5 billion between 2021 and 2023.

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