Budgeting
The signs of progress are encouraging, but the metrics are still down slightly when compared to last month.
Cigna says it expects demand for virtual care, especially for behavioral health services, to remain high post-pandemic.
Not all of the money allocated to date has been distributed, and what has may not have been fully utilized by the recipients.
The insurer's overall revenue reached $41 billion during the first quarter, driven in large part by its Evernorth health services unit.
The provider relief funds have been a lifeline for hospitals and health systems during the pandemic, AHA said.
Revenues, profit and earnings per share all saw increases both month-over-month and year-over-year.
The ARP will help support hospital patient revenues by reducing the number of those who are uninsured.
Margins will remain depressed throughout the year, and the percentage of hospitals with negative margins will likely increase.
The new hospital will include 264 private rooms, and 110 additional private rooms will be created in University Hospital.
Several factors are driving the increased need for wound care, including higher rates of chronic diseases and surgical procedures.