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.
UF Health Hospitals Rely on Green Globes to Realize Their Full Potential
How Healthcare Facilities Can Be Truly Disaster-Resilient
TriasMD Breaks Ground on DISC Surgery Center for San Fernando Valley
Bigfork Valley Hospital Falls Victim to Data Breach
AI-Driven Facilities: Strategic Planning and Cost Management