Budgeting
Kaiser Chair and CEO Greg Adams said the COVID-19 pandemic continues to impact the system, leading to income and margin pressures.
The leaders urged Congress to quickly disperse remaining funding from the Provider Relief Fund and add $25 billion.
The AHA is also urging the Federal Trade Commission to investigate reports of anticompetitive pricing by nurse-staffing agencies.
Independent physician groups, which include telehealth docs, must now accept a rate that someone else has negotiated, expert says.
Hospital leaders on Tuesday will discuss the ongoing toll of COVID-19 on hospitals as the pandemic enters its third year.
Forty-five organizations are getting the American Rescue Plan funds over three years.
Other contributing factors include the emergence of new technologies, vaccine mandates and more federal scrutiny of mergers.
Average payments are $58,000 for small providers, $289,000 for medium providers, and $1.7 million for larger providers.
Lower-rated hospitals that have full intensive care units are less able than higher-rated hospitals to absorb a decline in reimbursement.
Not including CARES Act funding, the median change in operating margin was down 12.1% from September to October.