June 27, 2023
The Flex Monitoring Team (FMT) is pleased to release two new products exploring the financial impact of COVID-19 on Critical Access Hospitals (CAHs). The first brief, The Impact of COVID-19 Funding on Profitability of Critical Access Hospitals, focuses on the impact of the Public Health Emergency funding (PHE funding) on CAHs. Here, the FMT estimates what profitability would have been if PHE funding had not been provided to CAHs.
In the second brief, The Impact of COVID-19 on CAH Financial Indicators, the FMT describes the impact of COVID-19, including federal relief funding, on CAH financial indicators, which are reported regularly in the Critical Access Hospital Measurement and Performance Assessment System (CAHMPAS).