Research Report

Analysis: California Hospitals Endured Significant Financial Strain in 2021

4 minute
Covid transaction mural

COVID-19 continued to place a heavy financial burden on California’s hospitals through the second year of the pandemic, as they experienced financial losses of nearly $6 billion on a volume-adjusted basis, more than triple previous projections.

This report quantifies the financial health of California’s hospitals in 2021, based on performance data representing 79 hospitals.

This report was prepared at the request of the California Hospital Association.

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