More than a dozen Alabama hospitals are at an immediate risk of closing as state health leaders report facilities lost more than $700 million in 2022.
“Alabama hospitals have consistently lost money each of the three years,” Dr. Don Williamson with the Alabama Hospital Association said. “In 2022, Alabama hospitals lost $738 million compared to their 2019 baseline.”
“In 2021, they lost $600 million,” he said. “In 2020, first year of the pandemic, they lost $124 million.” “Our expenses are $2.6 billion more in 2022 than in 2019,” Williamson said. “Of that $2.6 billion, more than half, $1.4 billion, is labor cost. Hospitals have had to pay more for nurses and respiratory therapists.”
“Alabama has the lowest Medicare in the country,” Williamson said. “We have, for 19 to 64-year-olds, an uninsurance rate of roughly 13 to 15%. So, hospitals are dealing almost 1 and 6 or 1 and 7 of the people who come to them, are unable to pay for their healthcare. Add the combination of the uninsured, low Medicare reimbursement rates, and low third party reimbursement rates, our revenue can’t keep up.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Democrats call for state tax credit of up to $700 per childA group of Democratic lawmakers on Tuesday called for creating a state-level child tax credit that would give low- and middle-income families up to $700 per child each year in tax relief.
Read more »
Armed men storm 7-Eleven store in Manhattan, fire shots take $700: NYPD | amNewYorkTwo men robbed a 7-Eleven store at gunpoint in Manhattan last week, after firing shots and ordering the employees to sit on the floor while they took cash.
Read more »
MPD: Driver killed in October 2022 accident identified - Alabama NewsThe accident happened on Sunday, October 30, 2022 in the area of Northern Blvd near Coliseum Blvd.
Read more »
Alabama among top-25 teams ‘most likely to regress’ in 2023, ESPN analysis states“I’m not going to pretend to be all that worried about Nick Saban...” ESPN_BillC wrote. 'That said, Saban is going to be dealing with quite a bit more change than usual in 2023.” 🐘🏈 Make sure you're following aldotcomSports & aldotcomTide for more.
Read more »
OnePlus 11 vs. Google Pixel 7: top Android phone under $700? | Digital TrendsThe OnePlus 11 is a truly stellar smartphone that rivals phones costing hundreds of dollars more. But should you buy it or the Google Pixel 7? We found out.
Read more »