Finance & Budgeting

President Biden today submitted to Congress his budget request for fiscal year 2024. The budget includes discussion of certain health care policies, such as Medicare solvency, behavioral health, prescription drugs, workforce and pandemic preparedness.
Last year was the worst financial year for U.S. hospitals and health systems since the start of the COVID-19 pandemic, as growth in expenses outpaced growth in revenues and volumes, according to the latest report on hospital finances from Kaufman Hall. 
U.S. hospitals and health systems continued to experience negative operating margins through November 2022, Kaufman Hall reported.
$70 million is available for the Affordable Connectivity Program. About 15 million of an estimated 48 million eligible households are enrolled in the Affordable Connectivity Program. The Broadband Equity, Access, and Deployment (BEAD) Program is a rare opportunity for states to establish broadband…
Patients requiring additional care after a hospitalization — such as skilled nursing, behavioral health or therapy-at-home — face growing delays in accessing that care. Delays in discharges as patients move through the continuum of care can cause harm to patients’ health outcomes and can impact…
Significant workforce shortages at facilities, such as those in post-acute and behavioral health, is making it more difficult for hospitals to efficiently and appropriately discharge patients. Hospitals have to bear the costs of caring for patients for those excess days without any reimbursement.
Hospitals and health systems are experiencing the most difficult year financially since the COVID-19 pandemic began, according to the latest annual survey on health care performance trends by Kaufman Hall.
As labor shortages and inflation drive up expenses, U.S. hospitals and health systems this year face the worst financial crisis since the COVID-19 pandemic began, according to a report prepared for AHA by Kaufman Hall. 
Congress needs to hear the stark financial realities facing hospitals and health systems in the post-pandemic landscape. These resources can aid your conversations with lawmakers and their staffs as you impress upon them the urgent need to support hospitals amid crushing financial challenges.
America’s hospitals and health systems continue to face unprecedented financial pressures due to the ongoing effects of the COVID-19 pandemic and current inflationary economy. Historic inflation has extended and heightened the already severe economic instability brought on by the pandemic resulting…