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New Report Details COVID-19 Pandemic's Damaging, Long Lasting Impact on California Hospitals - State of Reform


New Report Details COVID-19 Pandemic’s Damaging, Long Lasting Impact on California Hospitals
California Hospital Association | Apr 30, 2021
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Barely more than 100 days since the number of COVID-19 cases peaked in California, hospitals across the state continue to face significant and long-lasting financial challenges, according to a new report by Kaufman Hall, a nationally respected consulting firm with extensive health care expertise.
 
 
The report quantifies how the pandemic damaged the financial health of California’s more than 400 hospitals in 2020, and forecasts continued fiscal impacts through 2021 and possibly beyond.
According to the report, prepared by Kaufman Hall at the request of the California Hospital Association, California hospitals lost more than $14 billion in 2020 due to the pandemic. And, even after factoring in federal financial support provided last year through the CARES Act, California hospitals st ....

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