According to the news report, the loss of income stems from reduced payments from private and public health insurers and loss of benefits or employment.
Read the news report about Salinas Valley Memorial Hospital’s income.
Related Articles on Hospital Finances:
Washington Hospital Association Sues State Over Potential Loss of $260M
Nearly 60% of Hospital Executives Extremely Concerned About Regulations’ Financial Impact, U.S. News Survey Finds
St. Vincent Regional Medical Center Posts $21.3M in 2009 Revenue
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
