from Daniel McHale, Senior Vice President, Healthcare Finance & Policy on CHIA’s hospital financial report through December 2024, which shows the statewide median operating margin at negative-0.7%

“CHIA’s quarterly reports are no longer a warning sign; they are a red alert for the painful financial conditions our local hospitals are enduring. After half a decade of economic turmoil for Massachusetts healthcare providers, the consequences have become more dire and visible than ever — whether they be layoffs, packed EDs, or reduced investments in new technologies and facilities.

“Given the added uncertainty now emanating from Washington, this is a time for Massachusetts to act on local solutions within its control: addressing the Health Safety Net deficits costing hospitals more than $200 million a year, minimizing the administrative burdens creating nearly $2 billion in annual cost waste, and empowering more flexible models of care to thrive.”