“Last year was the worst year financially for hospitals nationwide, but the situation in Alabama is much worse,” said Erik Swanson, senior vice president of data and analytics with Kaufman Hall and the lead on the national and the Alabama reports
. “Since the beginning of the pandemic, Alabama’s hospitals have lost $1.5 billion dollars, money they couldn’t afford to lose."The report clearly shows that Alabama’s hospitals are in serious financial difficulty which creates a huge threat to the ability of Alabamians to have access to healthcare.”
FULL REPORT HERE.
But ALSO: Read THIS REPORT about some historically large pay hikes for Alabama hospital executives a few years ago.