For California’s hospitals, financial health is absolutely necessary in order to deliver needed services to communities, to maintain facilities, to invest in new services and technologies for patient access and care, and to be prepared for unexpected events like the COVID-19 pandemic.

In this report, Kaufman Hall quantifies how COVID-19 damaged the financial health of California’s hospitals in 2020, and how that impact could continue through 2021. 

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