The seven-day moving average of new COVID-19 cases jumped 354% during December, the highest level during any period in the pandemic. (Photo: Shutterstock.com)

Hospitals continue to be squeezed by increased demand and rising costs as the pandemic continues into the new year.

“Hospitals and health systems nationwide closed the second year of the pandemic caught in a vise of rising volumes and ballooning expenses, as COVID-19 cases climbed to new highs and critical labor shortages and supply chain issues continued to plague providers,” according to the latest National Hospital Flash Report from KaufmanHall.

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