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Hospitals continued to operate in the red in the first nine months of the year, according to Kaufman, Hall & Associates L.L.C., reports Healthcare Dive. Consistent negative margins are leading to what could be “one of the worst financial years for hospitals” in 2022 as systems are hit by depressed revenues, heightened expenses and unfavorable payer mixes, according to the consultant’s report.
1. U.S. employers brace for steepest health insurance cost hike in a decade
2. Centene Corp. to lay off 2,000 amid Medicaid and Medicare pressures
3. Judge upholds Biden rule on ESG considerations in retirement plans
4. Cigna faces second lawsuit over alleged automated claims denials
5. Health plans face spiking costs from diabetes and weight-loss drugs
6. Kaiser union announces large-scale strike dates after contract talks stall