Budgeting
The Nebraska health system was able to keep financially afloat during the crisis without layoffs or furloughs.
The surging costs of tackling the pandemic are straining public hospital budgets, increasing the need for county support.
The announcements point to the company’s financial recovery from the pandemic.
Rural facilities tend to pay physicians more due to the difficulty in recruiting new talent to rural communities.
Even with increasing health plan costs, most employers say they have no plans to reduce costs in their medical plans for 2021.
The last time margins sank so deeply into the red was after the Balanced Budget Act of 1997, though today's margins are faring worse.
The amount of funding each jurisdiction receives will be based on its population size.
Change will be necessary to ensure the financial health and success of physicians and hospitals caring for orthopedic trauma patients.
Last year, executives said their first priority was to attract and retain talent; this year they are most concerned about mitigating rising costs.
While healthcare has historically been resilient during economic downturns, the nature of this cycle introduces new challenges.