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.
Rethinking Carpeting's Role in Senior Care Facilities
Parkview Health Breaks Ground on New Hospital in West Lafayette, IN
Loma Linda University Health Experiences Data Breach via AI Tool
Inside One of Healthcare's Most Ambitious Hospital Projects
Turning Condensate Loss into a Systemwide Steam Efficiency Opportunity