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'Perfect storm': Plethora of COVID cases tests hospitals facing critical shortage of ICU staff

'Perfect storm': Plethora of COVID cases tests hospitals facing critical shortage of ICU staff
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Hospitals saw gains in volume, revenue and margin in April, finds Kaufman Hall

Slowly, the financial health of the nation's healthcare institutions are improving. Hospitals and health systems continued to see performance improvements in April compared to the devastating losses experienced in the early months of the COVID-19 pandemic. Hospital margins, volumes, and revenues were up across most performance metrics both year-to-date and year-over-year, but ....

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U.S. hospitals and health systems face a long road to recovery

U.S. hospitals and health systems face a long road to recovery
Operating margin was -0.6% in January, not including CARES Act funding, while total expenses continue to rise.
, Associate Editor
The first month of the new year proved challenging for hospitals and health systems nationwide as the effects of the pandemic continued to push margins, volumes and outpatient revenues below the performance of the prior year, according to the February issue of Kaufman Hall s National Hospital Flash Report.
National COVID-19 metrics show signs that the virus s impacts may be easing following a devastating winter surge, with key pandemic indicators peaking in early to mid-January but tapering off in the second half of the month. ....

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Latest Surge in COVID-19 Infections Strains Hospitals, Shows Signs of a Difficult Winter Ahead

Latest Surge in COVID-19 Infections Strains Hospitals, Shows Signs of a Difficult Winter Ahead
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Patient Volumes at Skilled Nursing Facilities Plummet, Expenses per Patient Day Rise amid Continuing Pandemic, Syntellis Reports

Patient Volumes at Skilled Nursing Facilities Plummet, Expenses per Patient Day Rise amid Continuing Pandemic, Syntellis Reports
New Non-Acute Data from Syntellis Shows COVID-19 Has Caused Spikes in Costs across Multiple Care Settings
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CHICAGO, Dec. 18, 2020 /PRNewswire/ Patient volumes at Skilled Nursing Facilities (SNFs) dropped by more than 36 percent in November 2020 year-over-year, accelerating from the more than 12 percent year-over-year drop in the May-October 2020 period, Syntellis Performance Solutions announced today.
Further, SNFs Spending per Patient Day rose sharply during the first months of the pandemic and has steadily increased. By November 2020, year-over-year spending per equivalent patient day in SNFs was 25.57 percent higher. ....

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