State’s hospital profits soar
Arizona hospitals overall saw huge increases in their profits last year despite — or more likely, because of — COVID-19.
Arizona hospitals overall saw huge increases in their profits last year despite — or more likely, because of — COVID-19.
In this story published on Oct. 1, 2021, in the Arizona Capitol Times:
But some COVID-19 patients might not require ICU care or the intense care that the subsidy was designed to cover. And so hospitals could make a profit on those patients.
– Marjorie Baldwin, professor of economics
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