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.
The Evolution of Lighting in Patient Care
HealthPartners and Essentia Health to Combine Organizations
Three Oaks Hospice Reports Email Breach
Achieving Better Treatment Spaces Through Co-Design
Prisma Health to Acquire 36 Urgent Care Sites in South Carolina from Novant Health