MedCity News September 2, 2024
Katie Adams

Many healthcare providers saw their revenues and operating margins grow in July, despite the fact that both labor and non-labor expenses continue to grow, according to new data.

Many healthcare providers saw their revenues, operating margins and patient volumes increase this July, despite the fact that expenses continue to grow, according to a new report from Strata Decision Technology.

The report is based on data from more than 135,000 physicians and more than 1,600 hospitals.

Health systems continue to stand on much steadier ground than they were last year — but their year-to-date operating margin fell slightly from 2.3% in June to 2.1% in July, according to Strata’s data. As for hospitals, the year-to-date operating margin climbed to 6.5%...

Today's Sponsors

LEK
ZeOmega

Today's Sponsor

LEK

 
Topics: Health System / Hospital, Provider, Survey / Study, Trends
Cofactor AI Nabs $4M to Combat Hospital Claim Denials with AI
Trinity Health back in the black in Q1
109 hospitals receiving new Medicare-backed residency slots
Mayo develops new AI tools
10 recent healthcare industry lawsuits, settlements - 7

Share This Article