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.
Going Solar with No Upfront Costs
Northwell Health Finds Energy Savings in Steam Systems
Endeavor Elmhurst Hospital Opens New 16-Bed Patient Observation Unit
Sustainability as a Baseline in Healthcare Facilities
Penobscot Valley Hospital Reports Data Security Incident