Your article was successfully shared with the contacts you provided.
Hospitals’ profitability margins are at a 10-year low as the patient mix skews more toward lower-paying Medicare beneficiaries, while other patients seek care elsewhere, according to Moody’s report, “Not-for-profit and public healthcare – US: Preliminary medians underscore negative sector outlook.”
The hospital industry’s median operating cash flow margin fell to 8.1 percent — levels not seen since during the 2008-09 recession – and Moody’s analysts expect the suppressed level will continue over the next year.
Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.
Your access to unlimited BenefitsPRO.com content isn’t changing. Once you are an ALM digital member, you’ll receive:
Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
Katie Kuehner-Hebert is a freelance writer based in Running Springs, Calif. She has more than three decades of journalism experience, with particular expertise in employee benefits and other human resource topics.
61% of employers surveyed consider caregiving benefits to be a top priority for their business and employees, yet 22% consider themselves as below average in developing caregiving benefits. Download this info sheet to help your clients remain competitive by offering a care benefit package.