Hospitals and healthcare facilities are looking to cut costs in every way possible. And the COVID-19 pandemic has intensified it.
The pandemic constrained the healthcare sector’s cash flow as Moody’s revised outlook for the sector went from stable to negative.
But the financial health of the healthcare sector wasn’t pretty before the pandemic either. Hospitals across the United States saw a 21.3% decline in margins from 2018 and 2019.
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