skip to main content
skip to newscasts

Monday, February 17, 2025

Public News Service Logo
facebook instagram linkedin reddit youtube twitter
view newscast page
play newscast audioPlay

At Least 11 Dead After Severe Flooding Sweeps The South; Hundreds Of Thousands Without Power; Abandoned Mine Land program frozen as Appalachia faces severe flooding; Solar power gives MN resort new blood, new life.

view newscast page
play newscast audioPlay

Top Trump officials set to meet with Russian officials in Saudi Arabia over the Ukraine war. The GOP budget resolution is at risk as moderates weigh out consequences. New York City Mayor Eric Adams says he's "going nowhere."

view newscast page
play newscast audioPlay

Rural America struggles with opioids and homelessness in unexpected ways, Colorado's Lariat Ditch could help spur local recreation, and book deliveries revive rural communities hit by Hurricane Helene.

Report: Operating margins at NYS hospitals affect patient care

play audio
Play

Wednesday, December 4, 2024   

A new report found New York hospitals are in a precarious financial state.

The New York State Hospitals Fiscal Survey Report showed statewide hospitals are projecting an operating budget margin of 0.0% percent. While it is a slight improvement, hospital administrators said it is still insufficient for hospitals to handle patient care.

Bea Grause, president of the Healthcare Association of New York State, said government reimbursements do not cover the costs of administering health care.

"Those reimbursements are fixed and do not change," Grause pointed out. "They grow a little bit year over year but they're not keeping up with the expense growth that all hospitals are experiencing."

She noted hospitals cannot raise their commercial expenses with the expectation it will make up the difference, arguing the best way to help hospitals is to close the gap on Medicare and Medicaid payments so they keep up with expense growth. Prescription drugs are the largest continuously increasing expense hospitals face since such prices run 83% above the rate of inflation.

Staffing issues are being exacerbated by New York hospital's fiscal challenges. The report found labor expenses have grown more than 36% since 2019. While it is the second year of declining contract labor expenditures, they are double what they were in 2019.

Grause emphasized not having sufficient staff can affect the services hospitals offer.

"If a hospital is going to have a dialysis unit, you need a nephrologist. You'd probably need more than one nephrologist," Grause observed. "But you also need specially trained nurses, you need the right equipment, you need all the medication, you need the IV solution and the peritoneal solution."

Another factor in hospitals' declining operating margins is insurer demands. The report showed some surveyed hospitals project insurers' actions will cut their 2024 operating revenues by 5% or more. Estimates showed it would result in $1.3 billion or more in lost revenue for the hospitals.


get more stories like this via email

more stories
Data from Indiana's Marion County Public Health Department show of the 124 overdose deaths in April-June 2024, 71 were white men, 36 were Black men and 6 were Hispanic women. (Adobe Stock)

Health and Wellness

play sound

The incidence of drug overdose is decreasing in Indiana and one reason could be the efforts of an organization offering free training to anyone willin…


Social Issues

play sound

By Kim Kobersmith for The Daily Yonder.Broadcast version by Brett Peveto for South Carolina News Service for the Daily Yonder-Public News Service Coll…

Environment

play sound

Wyoming is one of several Western states where some lawmakers arguing states should have more control of the federally managed public lands within the…


Environment

play sound

By Amy McDermott for the Proceedings of the National Academy of Science.Broadcast version by Mark Richardson for for California News Service reporting…

Libraries are tailored to their local communities, Varga says, such as a local library in Virginia Beach offering surfboard rentals. (Adobe Stock)

Social Issues

play sound

February is Library Lovers Month - and libraries across the Commonwealth are encouraging their long-time and new patrons to celebrate. Lisa Varga…

Social Issues

play sound

According to the Immigration Policy Tracking Project, the Trump administration has taken 130 actions on immigration so far this term. Groups in …

Environment

play sound

A Utah legislator has introduced a bill to increase transparency for consumers in the Beehive State when purchasing cultivated meat products…

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright © 2021