Becker's Healthcare November 12, 2024
Hospitals continue to see high labor and supply expenses, and margins are dipping as they embark on new capital projects, according to Kaufman Hall’s National Hospital Flash Report, released Nov. 12.
The report is based on data from 1,300 hospitals reported monthly. Here are eight findings.
1. Average year to date hospital margin hovered around 4.7% from May to August, but dropped to 4.3% in September. Month over month, average hospital margins dropped from 4.0% in August to 3.5% in September.
2. Average operating margins increased 16% year over year in September, but are down 13% year to date compared to 2021, showing how slowly hospital margins are recovering.
3. Net operating revenue per calendar day grew 8% year over...
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