MedCity News November 13, 2024
High labor costs remain an ongoing problem threatening providers’ bottom lines, according to new data from Kaufman Hall. The research revealed that medical groups’ median investment in each employed physician has reached more than $300,000 for the first time.
Hospitals’ finances have held relatively steady during the last 12 months, but high labor costs remain a persistent problem threatening providers’ bottom lines, according to data released this week by Kaufman Hall.
For its report on hospital finances, Kaufman Hall examined data from more than 1,300 hospitals. The report showed that hospitals’ year-to-date operating margin index was 4.3%, a slight decrease from past months this year, in which the same index floated closer to 5%.
The report also showed that...