Budgeting
The last time margins sank so deeply into the red was after the Balanced Budget Act of 1997, though today's margins are faring worse.
The amount of funding each jurisdiction receives will be based on its population size.
Change will be necessary to ensure the financial health and success of physicians and hospitals caring for orthopedic trauma patients.
Last year, executives said their first priority was to attract and retain talent; this year they are most concerned about mitigating rising costs.
While healthcare has historically been resilient during economic downturns, the nature of this cycle introduces new challenges.
Providers' ratings are supported by ample liquidity, and the expectations are for a long-term volume recovery.
Moody's warns of challenges ahead, due in part to the repayment of Medicare advances, which could lead to less favorable liquidity.
The COVID-19 pandemic has created a volatile environment, and there's a long road ahead to recovery.
Virtual care is keeping revenue flowing in part by improving providers' ability to bill for these services.
Current numbers in Florida are higher than they were in April, adding to staffing and PPE-related expenses.