Five Opportunities to Leverage on Your Journey Toward Post-Pandemic Financial Recovery

by | Jun 7, 2021

Even before the pandemic, hospitals were struggling to maintain financial viability. Reduced payer reimbursements and a quickly growing self-pay population were and still are, wreaking havoc on margins, now estimated at just 3.5%.1 More than a third of hospitals now carry at least $10 million in bad debt2 as the amount of uncollected patient responsibility—$7.5 billion—skyrockets.