Alabama hospitals lost billions of dollars in the past 3 years

ALABAMA (WHNT) – A recent study provided by the Alabama Hospital Association shows that Alabama hospitals are losing money at an alarming rate. 

That data shows by Kaufman Hall and Associates that Alabama hospitals lost more than $1.5 billion since the COVID-19 pandemic causing an immeasurable financial crisis. 

According to Dr. Don Williamson of the Alabama Hospital Association, the financial losses have been tracked for years, but 2022 alone saw Alabama hospitals lose over 700 million dollars.

“Every hospital around the country has had difficulty but Alabama has been worse than everybody else,” said Williamson.

Williamson told News 19 that if Alabama hospitals didn’t receive federal stimulus funds, the losses would have been over $2.4 billion.  

“Fifty percent of all Alabama hospitals now are spending more than they are bringing in from operations,” Williamson…