Kaufman Hall’s Swanson on This Current Moment of Hospital Financial Stability
Healthcare Innovation December 13, 2024
Kaufman Hall’s Erik Swanson shares insights on what this financial moment means for hospitals
As reported here on Dec. 10, “Hospitals’ financial and operational performance remained stable in October, with key indicators including revenue, operating margins, and the average length of patient stay generally holding steady, according to the most recent ‘National Hospital Flash Report’ from the Chicago-based consulting and advisory firm Kaufman Hall, a Vizient company.”
According to the report, published on Dec. 9 and posted to the firm’s website, the mean operating margin for hospitals in October was 4.4 percent, up slightly from the 4.3 percent mean operating margin in April through September. Indeed, hospital operating margins have been stable all year; in January, the mean operating margin...