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flag Over 83% of Japan’s public hospitals lost money in 2024, totaling $2.67 billion in deficits due to rising costs.

flag Over 83% of Japan’s public hospitals operated at a deficit in fiscal year 2024, the highest rate on record, with a combined loss of 395.2 billion yen ($2.67 billion), according to the internal affairs ministry. flag The financial strain is driven by rising labor costs and higher prices for medications and supplies, which have outpaced revenue since 2023. flag This marks a sharp reversal from a 2021 surplus of 325.6 billion yen, which was boosted by pandemic-era subsidies.

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