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Month: February 2022

Increasing Capacity: Making the Most of Your Space

Increasing Capacity: Making the Most of Your Space

February 9, 2022 With the recent surge of inpatients that many hospitals have been facing, whether due to COVID or those who have finally elected to have surgeries that they had previously put off, there is now a current premium on bed space.  We recently talked to a clinician at a local facility who revealed that the patient volume had spiked so much in recent days that the staff had been forced to utilize the hospital’s halls to temporarily house…

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Assessing Hospital Financials: The Year in Review and the Year Ahead

Assessing Hospital Financials: The Year in Review and the Year Ahead

February 2, 2022 In follow-up to our article of last week, we thought it might be helpful to share a summary of a report on the most recent findings relative to hospital finances that was just published by financial consulting firm Kaufman Hall (KH).  The 31-page report makes it clear that, while hospitals fared better in 2021 than 2020—due primarily to the changing pandemic landscape and the government’s ongoing response—2022 will present new challenges to hospitals’ bottom lines. According to…

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