Nearly 70% of Hospital Leaders Expect Increase in Self-Pay Due to COVID-19

Timothy Kinney, HealthLeaders

Read the article in Health Leaders

Approximately 70% of hospital leaders expect to see an increase in self-pay patients due to the economic impact of the COVID-19 pandemic, according to a Guidehouse Center for Health Insights analysis of a survey conducted by the Healthcare Financial Management Association (HFMA) released Wednesday morning.

Alongside an expected increase in Medicaid beneficiaries, health system executives predict that reimbursements from commercial insurers will slide.

Guidehouse's analysis underscores the ongoing budget challenges that hospital and health system leaders face because of the coronavirus outbreak.

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