Wisconsin hospitals rebounded from the pandemic, but staffing shortages, worker burnout and record inflation could spell trouble, according to an industry report.
The state’s largest healthcare systems posted $4 billion in profits last year, buoyed by COVID-19 relief aid, strong investments and the return of delayed elective operations, according to the report by the Wisconsin Hospital Association. But this year’s financial outlook is uncertain.
“We are still in a public health emergency,” said Brian Potter, senior vice president of finance for the Wisconsin Hospital Association. He described the past few years as a “roller coaster.”
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