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Unsustainable Costs of Caring
America’s hospitals' and health systems' are facing a tidal wave of financial challenges, with finances stretched to their breaking point by three years of pandemic and now post-pandemic strain.
Surging Input Costs Create Many Challenges for Hospitals and Health Systems
In this podcast that highlights a new report from the AHA detailing these factors, Philip Pandolph, president and CEO, Meadville (PA) Medical Center and Chair of the AHA Rural Health Services Committee, explains how rising costs for supplies and equipment, drugs, and labor, along with inflation and razor thin margins has left his hospital vulnerable.