Tim Moore, president and CEO of the Mississippi Hospital Association, said as many as six Mississippi hospitals are at risk of closing by mid-2023, SuperTalk reported Dec. 5.
Mr. Moore, speaking on "The Gallo Show" said he was not at liberty to name most that were on the verge of closure, but said those at risk included both small and larger hospitals. He also said Greenwood Leflore Hospital was among those that could potentially shutter.
Mr. Moore said expenditures are outpacing hospitals' revenues and a significant portion of the issues is related to costs for staffing and supplies. He partially blamed government regulation for requiring a high volume of employees, according to the report.
He said inflation is also to blame, with hospital expenses increasing by 15 to 20 percent while revenues have either remained flat or maxed out at around five percent.
The Mississippi Hospital Association outlined six steps to help hospitals survive during a Nov. 21 hearing before the state senate's public health committee.