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Hospitals continue to face substantial financial and operational pressures, despite COVID-19’s long retreat. An historically tight labor market, rapidly rising costs, and changes in reimbursement and payer mix have left many organizations at or near the brink of financial jeopardy. Pandemic-related challenges have been made worse by revenue loss associated with the longerterm trend of shifting care sites. Procedures that traditionally were provided at in-patient facilities increasingly have moved to ambulatory surgery or urgent care settings. Because these procedures typically are among hospitals’ most profitable services, the reduction in volume has had a disproportionate impact on margins.

Vendor:

ParaRev

Posted:

Aug 16, 2022

Published:

Aug 16, 2022

Format:

PDF

Type:

White Paper