IHA Weekly News - May 8, 2024
New Report Shows Continued Financial Strain for Indiana Hospitals
According to a new analysis by Kaufman Hall, Indiana hospitals operated on a cumulative 0.9% operating margin in 2023, the most recent year in which complete data is available. Despite minor improvement compared to 2022 in which Indiana hospitals operated on a -2% loss, hospital margins across the state remained highly depressed relative to the nation. According to the report, hospitals across the U.S. operated on an average 2.3% margin in 2023, outpacing hospital margins in Indiana.
Read more here.
Complete AHA Annual Survey By May 31
Members, we ask that you please participate in the AHA Annual Survey, which is now online. As you know, the AHA Annual Survey is an important source of provider data and the source for AHA Guide®, Hospital Statistics™ and U.S. News & World Report's Directory of America's Hospitals (www.usnews.com). It is vitally important to collect accurate and updated information about your organization each year, and your response ensures that your hospital's information will be represented in these field-defining resources.
Health care leaders, policymakers, and researchers use the AHA Annual Survey to better describe and understand the operations of U.S. hospitals. The data and insights drawn from the survey also support several important AHA actions, including strong advocacy on behalf of hospitals and health systems. The AHA uses these data to assess the impact of legislative and regulatory policy changes and educate policymakers about the realities that face America's hospital and health system leaders as they care for their patients and communities.
Over the last year, the AHA has been working to update their survey platform to provide you with a better survey experience. This year's survey is being launched on a fully refreshed survey platform. Our hope is that these changes will make the survey more user friendly and easier to complete.
Important resources:
A helpful walkthrough document is saved
here.
The email assigned as survey administrator for logging on was sent to you previously. If you cannot locate the instructional email, please reach out to
Laura Gilbert.
If you have questions or need assistance completing the survey, please call 800-530-9092 or email
surveysupport@aha.org. Survey responses are due May 31.
Local Running Store Hosts Hospital Pop-Ups
Athletic Annex is a locally owned running/walking store with three locations in central Indiana (Indianapolis, Carmel, and Fishers). They are working with the several hospitals across the state. Recently, they worked with Schneck Medical Center benefitting the Schneck Guild. In March, they set up a pop-up shop in their lobby, and 20% of sales (>$4000) went back to their nonprofit. Footwear brands they carry include but are not limited to Brooks, Hoka, On, Saucony, Asics, New Balance, Nike, and Altra. They can sell on-site and bring in brand reps to help with fittings. Their product line is mainly footwear, but they also carry apparel, arch supports, socks, and other accessories. Payroll deduct is ideal, but not a necessity. 20% of sales can go to a nonprofit of the hospital's choice or 10% off and 10% back to the fund. Some exclusions may apply. Reach out to
luke@athleticannex.com for more information, and check out their website
athleticannex.com
