Becker's Healthcare October 29, 2024
Hospital margins increased slightly in September to 5.1%, according to data from Strata.
“While median operating margins appear to be stabilizing for our nation’s hospitals, operating margins for broader health systems declined throughout the third quarter of this year,” said Steve Wasson, chief data and intelligence officer at Strata Decision Technology. “These declines illustrate the broader impacts of persistent high costs as expenses continue to grow across both labor and non-labor categories. Unfortunately, these kinds of sustained increases will likely continue, further pressuring healthcare organizations in the fourth quarter.”
Hospital margins are ticking up even as expenses grow. Big jumps in outpatient revenue reflect changing hospital strategy.
Here are 10 statistics from the report, based on data from 1,600 hospitals.
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