Washington Post
Over the past two years, hospitals across the healthcare industry have reported losses in the billions, partially due to postponed elective procedures. This massive downturn in revenue has prompted reviews of historical hospital financing, including the roles of Wall Street, government funding, and the insurance industry in driving development, treatments, and facility construction. Multifaceted issues plague the current state of hospital finance, causing many to call for a new, “health-first” approach to the longstanding, problematic systems exposed by the pandemic.
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