Hospitalogy August 29, 2024
This week continues our series on major themes from hospital earnings – management commentary, key trends to take note of, financial trends, and operating performance.
Today we’re diving into UHS along with some notable nonprofit reports to illustrate the gap between well-performing systems and those struggling to make it in 2024.
Key theme continuation for Hospitals in Q2
Takeaways for hospitals from Q2 – and today – among outperforming health systems include:
- Strong expense management leading to the strongest margins we’ve seen post-Covid. From Strata’s July benchmarking report:
- Favorable payor mix trends continue as patients move from Medicaid (worst payor) to Exchange plans (2nd best payor)
- Rising acuity levels continue. This affect, compounded by a shift...
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