Becker's Healthcare August 20, 2024
Nonprofit hospital operating margin increased on average year over year in June, according to Kaufman Hall’s National Hospital Flash Report, released Aug. 5.
The report outlined hospital profitability statistics from 1,300 hospitals nationwide, based on data from Syntellis Performance Solutions, part of Strata. Hospitals in the South and West saw the biggest margin increases year over year, while the Great Plains region saw a decline.
There was also good news for smaller hospitals, as those with less than 500 beds saw double-digit margin growth on average, according to the report. Below are 29 statistics on hospital profitability based on the report.
2024 vs. 2023 Year to Date
1. Operating margin: 17% increase
2. Operating EBITDA margin: 12% increase
3. Net operating revenue...
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