While the coronavirus pandemic often feels like it's in the rearview mirror, Texas hospitals are still grappling with its aftermath.
While the coronavirus pandemic often feels like it's in the rearview mirror, Texas hospitals are still grappling with its aftermath.Nearly twice as many Texas hospitals, or almost 1 in 10, are at risk of closure since before the pandemic, a, says hospital revenue is no longer covering the cost of patient care.Expenses have increased, length of stay has risen and patients are sicker than pre-pandemic levels because of delayed care, according to the association's report.
Meanwhile, Texas hospital operating margins remain under intense pressure and — with additional support from the federal CARES Act is set to expire — the association found that nearly half of the state's hospitals are reporting negative operating margins in 2022.Texas Hospital Association CEO John Hawkins said larger hospitals in urban areas will be able to withstand those challenges, but it's possible that financial constraints can close service lines and pediatric space in urban areas.
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