Maryland hospitals largely escaped the financial crisis that struck providers nationwide in the wake of the COVID-19 pandemic, when elective procedures were canceled and routine care was postponed. That’s thanks, in part, to a unique system for regulating hospital revenue. The same system saved taxpayers $781 million in Medicare costs over three years and improved quality of care, according to a recent report.
What kept Maryland hospitals afloat during COVID — and saved taxpayers millions
March 28, 2023