Hospitals boost cybersecurity budgets, staff
Editor's Note Hospital head counts and budgets reflect a growing emphasis on cybersecurity, according to a recent Moody’s Investment Service report. As detailed in an April 25 report in Becker’s Health IT, the Moody’s report is based on data from 148 healthcare organizations, 77% of which are hospitals. Cybersecurity team…
Nonprofit hospitals face ongoing struggles in 2024
Editor's Note The 2024 forecast for nonprofit hospitals is likely to remain challenging, according to the latest annual Fitch Ratings outlook, Chief Healthcare Executive December 6 reports Some highlights of the report include: The outlook for 2024, which was identified as “deteriorating,” is based on three ongoing challenges for nonprofit hospitals:…
High labor costs, weak margins continue at nation’s nonprofit hospitals
Editor's Note An October 2023 report from Fitch Ratings finds that nonprofit hospitals will continue to have weak operating margins into 2024 and need to control labor costs in order to return to stronger margins, Chief Healthcare Executive October 5 reports. Some highlights of the report include: Median operating margins…
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