Mikemyers1117 May, 2024Business
This year, small hospitals are seeing more red than black, as financial challenges continue to mount. From inflation on medical supplies to labor, hospitals are facing a number of financial obstacles. In fact, half of the hospitals in the United States ended 2022 with a negative operating margin. For small hospitals, in particular, the cost of acquiring the medical equipment they need can be quite difficult to overcome. After all, even though a hospital may be small, the range of medical equipment needed remains vast.
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