Fierce Healthcare March 28, 2024
Hospital operations broadly maintained their strong momentum through February thanks to high revenues and quicker discharges, though the month’s metrics aren’t yet showing the full impact of Change Healthcare’s services outage.
Kaufman Hall’s latest sector-wide report outlined a single-month operating margin index of 4% for February, a slight dip from March’s 4.7% but still above much of 2023’s tallies. Calendar year-to-date operating margin index sat at 4.9% in February, as opposed to the 1.8% that closed out 2023, according to the healthcare management consulting firm’s report.
Still, the firm said it’s keeping its eyes on the numbers to come and advised hospital leaders to take immediate action on steps to preserve liquidity and monitor any changes in their revenue streams.
...Today's Sponsors
Today's Sponsor