05/14/2026
While US pharmaceutical, medical device, and health insurance companies have no problem making money, it is different for hospitals. Decreasing reimbursement, increasing costs, and the shift to outpatient care sites squeeze operating margins and limit profit pool growth. The average hospital in the U.S. in August last year had a 1% operating margin. Over the past 15 years, more hospitals have closed than opened. Last year alone, there were at least 23 reported hospital closures or planned closures in the United States. Hospital layoffs are at record highs. Watch Innovative Health CEO Rick Ferreira discuss the Heart Rhythm Society conference in this short video: https://na2.hubs.ly/H05rzKf0