Chief Healthcare Executive January 4, 2022
The Kaufman Hall report found declines in patient days and emergency department visits, suggesting some patients are delaying care due to the COVID-19 pandemic.
With COVID-19 cases rising, hospitals continue to battle higher expenses and operating margins remain well below what they were before the pandemic, according to a new Kaufman Hall report.
Kaufman Hall’s latest National Hospital Flash Report, which was released Tuesday, outlined more struggles for health systems in November.
Excluding federal CARES funding related to the pandemic, the median change in operating margin for hospitals fell 22% below the level in November 2019. On a positive note, operating margins did see a month-to-month increase (8%) compared to October 2021.
Labor costs continued to rise for hospitals in...