Hospitals Say They’re Still Ailing from Covid-19. Their Investors Feel Better.

November 4, 2022

(Wall Street Journal) – America’s hospital chains faced unprecedented strains during the pandemic and are pleading poverty. The view from Wall Street is more upbeat. Just last week, industry lobbyists asked Congress for more aid in a letter that painted a dire picture: “America’s hospitals and health systems,” the American Hospital Association wrote to Senate and House leaders, “are facing crushing financial challenges.” The group said 2022 is expected to be the most financially difficult year for hospitals since the start of the pandemic, citing a report from consulting firm Kaufman Hall that was prepared at AHA’s request. (Read More)