How are hospitals handling their financials though COVID?
HCA (one of the nation’s largest hospital chains), has decided to pay back six billion dollars in federal pandemic aid, offering the company some financial flexibility it had lost when it took the infusion of cash, according to its executives. On Thursday, they said they would return the roughly estimated $1.6 billion it received in direct relief from the government, and repay its relief loans, causing them to be $4.4 billion ahead of schedule because they felt that it was “appropriate and the socially responsible thing to do.” The company’s finance chief told analysts through a call that the repayment Continue reading How are hospitals handling their financials though COVID?