Top
image credit: Adobe Stock

Steep expenses, falling patient volumes stifled hospitals in April

June 1, 2022

Category:

Hospitals continued to take a beating in April as expenses remained high and patient volumes dropped. Kaufman Hall found that gross operating, inpatient and outpatient hospital revenues each fell by about 7% from March as coronavirus cases began to rise across the country and patient volumes plummeted.

More patients sought care via telemedicine, urgent care and primary care providers than emergency departments. Rising coronavirus cases may have contributed to the declining patient volume as those with COVID-19 infections opted to stay home and those fearing infections avoided hospitals, the report found.

Read More on Healthcare Dive