CEO Message

Hospitals Remain on Uncertain Footing

Over the summer, the country’s hospitals — struggling to get back on their feet following the crippling revenue losses from the COVID-19 pandemic, skyrocketing inflation, and stagnant government funding — suffered yet another setback. According to the August “National Hospital Flash Report” from national health care consulting firm Kaufman Hall, operating margins dipped in July to a meager 1.3% (for comparison, insurance companies were above 15% in 2023). 

From Hurricanes to Earthquakes, Hospitals Stand Ready

Earlier this week, Hurricane Hilary — by then a tropical storm — struck Southern California, bringing record rainfall and widespread flooding from San Diego to Los Angeles and beyond. California hasn’t seen a tropical storm in 26 years, according to The Weather Channel.