U.S. hospitals face up to $122 billion in lost revenue this year as the pandemic continues its rampage, threatening to push more critical-care centers into bankruptcy or out of business.
Even a best-case scenario would cost hospitals $53 billion of revenue, according to a new Kaufman, Hall & Associates report for the American Hospital Association. That’s on top of more than $323 billion in reduced revenue and higher expenses last year.
U.S. hospitals were already hard-pressed before the COVID-19 outbreak, especially in poor and rural regions, with more than 30 going bankrupt in the year preceding the pandemic.
“We need additional funding to both participate in the vaccination efforts
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