It’s outrageous
If you look at the profit margins of most hospitals you would see it is usually less than 3%—at least on not for profit systems.
Where those hospitals are getting killed is on the cost of capital to stay up to date on the “tech” side. Most of them had bonds in the 4-5% range. They just went up to the 9% rate. For facilities with razor thin margins, this will be the death of the mid sized non profit. They are already cutting services left and right.
Nursing and support staff are in short supply. So those costs are skyrocketing.
Healthcare is already a controlled market because of Medicare. Dont let anyone kid you, the government already sets the price. And they are not keeping up.