Becker's Healthcare November 18, 2024
Hospitals had a stable financial performance in September, with inpatient revenue and average length of stay increasing, according to Kaufman Hall’s National Hospital Flash Report.
The report examined data from 1,300 hospitals in September in partnership with Syntellis. The data showed expenses are still high, although labor expenses are decreasing, and hospitals are seeing revenue increase year over year. Here are 34 statistics on hospital profitability.
Overall
1. Operating margin year to date: 4.3%
2. Operating margin for September: 3.5%
3. Operating margin year over year: 17% increase
4. Operating EBITDA margin year over year: 11% increase
West
5. Operating margin year over year: 31%
6. Operating margin year to date vs. 2023: 26%
7. Operating EBITDA margin year over year: 15%
8. Operating EBITDA margin year...
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