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This profit/uninsured problem exists because hospitals must serve people in need regardless of their ability to pay, and in some cases 40% of a hospital's patients will be uninsured. So hospitals play games to try to minimize their uninsured patient fraction.
Census is up a little for this wave, the ratio between deaths and cases are about the same as late January. Case Fatality Ratio is also about the same.

New York state. Census was climbing over a month before omicron onset, and is now preparing to turn. It is important to distinguish census from hospitalizations (of which there are many). The hospital average length of stay for omicron is MUCH shorter.
https://twitter.com/HarmitMalik/status/1443077951587700739What is not well established is that the recovered have a greater likelihood of becoming re-infected than the Sars-COV-2 naive vaccinated have of becoming a breakthrough infection. There are many studies on this.
https://twitter.com/_stah/status/1424719345062658048?s=20
The y axis is Rt, the ratio change in each 5.2 days. It is actually the ratio change in the past 14 days, rescaled to a 5.2 day ratio. This measure is time centered 12 days in the past, a reflect of change in our recent past.
https://twitter.com/_stah/status/1406983733304082433?s=20