from Daniel McHale, Vice President, Healthcare Finance & Policy

“CHIA’s report is just the latest sign of a healthcare sector that is teetering on the edge. These are meager operating margins for a system in the midst of immense financial challenges. Massachusetts hospitals have yet to feel relief from skyrocketing labor costs, the staggering costs of unreimbursed care, and the barrage of financial pressures that have consumed their operations over the past four-plus years. Their viability must remain a priority. Our commonwealth should continue to think big when it comes to the workforce solutions, innovative care, and payment reforms that can help its world-class healthcare community recover.”