The first quarter of 2022 proved to be one of the toughest performance quarter on record for the nation’s not-for-profit hospitals, Health Leaders reports, citing a midyear analysis by S&P Global Ratings. The bond rating agency reports that hospitals in early 2022 struggled with inflation and high but possibly plateauing labor costs, while simultaneously confronting rising interest rates and demands on cash flow, and underperforming investments in a weakened market, all of which are likely to hobble operations for the rest of the year, and into 2023. Read more.
NFP Hospitals Struggle Financially at Midyear
