Forbes March 25, 2019
Hospitals improved their financial performance last year but they continue to struggle to increase their volumes, according to a new report.
Healthcare consulting firm Kaufman Hall called 2018 “generally a year of improvement” for hospitals. “Profitability indicators demonstrated growth in operating margin as compared with (2017) of about 5% and outperforming budget by 4.4%, and very little change in EBITDA margin,” Kaufman Hall’s report said.
But hospitals continue to struggle to increase their volumes with many underperforming last year compared to 2017, the analysis shows.
“Nationally, all volume indicators demonstrated eroding performance relative to last year,” the Kaufman Hall report, which collects data from more than 600 hospitals monthly, said in comparing 2018 to 2017. “Volume trends demonstrated consistent underperformance...
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