By: Zach Hester
Known as The Kaufman Hall Report, the document details a dire situation for Alabama hospitals trying to thrive after the COVID-19 pandemic.
Despite receiving federal assistance and funds throughout the pandemic, hospitals in the state saw depressed margins in 2022 when compared to pre-pandemic levels. In fact, the crisis caused those levels to fall 79 percent – making 2022 the worst-performing year of the pandemic.
“Last year was the worst year financially for hospitals nationwide, but the situation in Alabama is much worse,” said Erik Swanson, senior vice president of data and analytics with Kaufman Hall. “The report clearly shows that Alabama’s hospitals are in serious financial difficulty which creates a huge threat to the ability of Alabamians to have access to healthcare.”