After backlash from stakeholders, in the final rule on August 1 the Centers for Medicare and Medicaid Services (CMS) increased the inpatient hospital stay from 2.6% as was proposed in the April draft rule, to 2.9% in fiscal 2025. Despite the increase, stakeholders continue to share concerns that the increase is not enough.
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The latest report highlights ongoing financial challenges faced by American hospitals and health systems that are impacting their capacity to deliver round-the-clock care to patients and communities.
According to the American Hospital Association report, in 2023, hospitals and health systems again sustained substantial expenses due to...National News
The report from the American Hospital Association (AHA) found from 2019 to 2022 overall hospital expenses increased by 17.5% and budgets for total contract labor expenses shot up 258% leaving facilities and systems facing extraordinary financial pressures.
From the April AHA report:
A confluence of several factors from historic...