Even with increased patients volume, the severe flu season is expected to create financial strain for hospitals, according to an article on the Healthcare Finance website.
A new report from Moody's said hospital costs are expected to spike because of lower reimbursement rates and a higher risk of complications.
The flu's severity will also complicate efforts to minimize hospital stays.
There will also probably be overtime and other unbudgeted staffing costs. Demand for additional staffing could limit facility capacity for elective and other procedures that generate valuable revenue, the article said.
Strategies for Success with Life Sciences and Healthcare Projects
Building Disaster Resilience Through Collaboration
Archer Acquires MemorialCare-Anchored Orange County Medical Office Portfolio
Life Sciences and Healthcare: Reshaping Institutional Design
Arnprior Regional Health Upgrades Building Controls to Improve IEQ