Advisory Board February 13, 2025
According to a new report from Kaufman Hall, hospitals saw significant financial improvement in 2024 compared to 2023, reaching a 4.9% median operating margin across the entire year. But are hospitals actually back in the black? Advisory Board’s Paul Trigonoplos, Daniel Kuzmanovich, and Abby Burns say that these findings don’t capture the full picture of hospital finances.
The path to long-term health system sustainability
Hospitals saw financial improvement in 2024
According to Kaufman Hall’s latest National Hospital Flash Report, hospitals’ financial and operational performance stabilized in 2024. Data for the report was collected from 1,300 hospitals nationwide through December.
In December, hospitals had a median operating margin of 7.6%, the highest monthly operating margin of 2024. Across the whole year,...
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