Chief Healthcare Executive October 3, 2022
Despite some revenue growth, many hospitals are likely to finish the year in negative territory, Kaufman Hall said in its latest report.
Hospital performance improved in August, but health systems are still in negative territory, Kaufman Hall said in its new report.
The median Kaufman Hall Year-To-Date (YTD) Operating Margin Index was -0.3% through August, the consulting firm said in its new monthly report, which came out Monday. The index has been in negative territory for all of 2022 so far.
“Nine months into a challenging year, margins have fluctuated wildly,” the report states. “Although most metrics improved from July to August, organizations are still operating with negative margins and well below pre-pandemic levels.”
Even with hospitals making gains in...