Insurance Company Profit Motivations Impacting Chesapeake Regional Healthcare’s Financial Stability
Chesapeake, Virginia – In Chesapeake, Virginia, Chesapeake Regional Healthcare is facing financial challenges that are impacting patient care in the community. The hospital is struggling to cope with rising costs of labor, drugs, and supplies, making it difficult to maintain quality healthcare services for its patients. Inflation has put a strain on the hospital’s finances, forcing it to make tough decisions to ensure its sustainability for the future. Like many hospitals across the United States, …