Hospital margins were down, volumes were up in month before COVID-19 hit, Kaufman Hall reports

Fierce Healthcare March 31, 2020
Tina Reed

In February, hospitals saw volumes and revenues up across all measures compared to the same month in 2019. For instance, discharges were up 1.1%, adjusted discharges were up 2.7%, adjusted patient days were up 6.3% and average length of stay increased 1.9% compared to February 2019.

In what was the last month of business as usual before COVID-19 caused disruptions around the U.S., hospitals across the nation saw margin declines in February, a new report from Kaufman Hall found.

According to the consulting firm’s “National Hospital Flash Report” reflecting February results, U.S. hospitals saw their margins drop about 11.7% in February compared to the same month a year earlier largely due to lower volumes compared to January 2020 and higher...

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