Accounting & Financial Management
Revenues, profit and earnings per share all saw increases both month-over-month and year-over-year.
The ARP will help support hospital patient revenues by reducing the number of those who are uninsured.
Margins will remain depressed throughout the year, and the percentage of hospitals with negative margins will likely increase.
The clinic said the program helps keep costs down through better outcomes and bundled pricing while increasing access.
Fraudulent activity was on the rise in 2020, but recoveries lagged during the public health crisis. Now the bill is coming due.
Several factors are driving the increased need for wound care, including higher rates of chronic diseases and surgical procedures.
The cost of improving staffing would be offset by savings achieved through reducing readmissions and lengths of stay.
Strengthening the link between the ED and treatment offers an opportunity to combat the opioid epidemic.
Prior authorizations in particular are a complex, time-consuming function that would be well served by technology.
Operating margin was -0.6% in January, not including CARES Act funding, while total expenses continue to rise.