• The country’s hospitals fear rising labor costs and operating expenses could make health care more expensive.
• “Expenses are increasing now,” Philippine Hospital Association president Jose P. Santiago said, noting that these could be attributed to rising costs of utilities, such as water and electricity.
• Santiago, whose group is composed of around 2,000 private and government hospitals, noted revenues of private hospitals alone have gone down annually by an average 5 percent to 10 percent since the pandemic hit.
• “If your operational costs—such as salaries of workers—go up, the hospital will need to draw it from somewhere. It could mean increasing the rates for laboratory tests, ancillary procedures and accommodations. So health costs should also increase,” he said.

https://business.inquirer.net/445015/expensive-health-care-feared-as-hospitals-deal-with-rising-costs#ixzz8RTknq9jv