Hospitalogy January 7, 2025
Utilization Returned in a Big Way in 2024
Way back in January, we saw plenty of hubbub around the elevated patient volume trends entering the new year, along with several other positive operating factors for hospitals throughout 2024:
- Length of stay decreased
- Acuity rose
- Payor mix improved
- Same-store admissions increased
- Contract labor mitigated
- The stock market experienced strong returns
“Fitch revised the rating for U.S.-based nonprofit hospitals from “deteriorating” to “neutral” in a Dec. 9 report,...