Mid-sized hospitals suffered the largest profit declines in June, related to an inability to reduce costs in response to volume declines. While bad debt and charity care expenses are up, the largest driver is volume declines and fixed overhead costs.
Posted by Rebecca Harris
Rebecca Moody Harris is a CPA and CFO with over eighteen years of progressive financial experience. For the last twelve years, she has served the healthcare industry in CFO and executive leadership roles. Her experience ranges from large corporations to start-ups in the private sector, and Rebecca specializes in Mergers and Acquisitions, Private Equity fundraising, and computer information systems.
