RevCycle Intelligence June 30, 2022
Inflation and labor shortages contributed to rising expenses in May, continuing the trend of poor hospital finances in 2022.
Despite seeing minor improvements in revenue and patient volumes, health system and hospital finances were hurting in May 2022 due to rising expenses and negative operating margins, Kaufman Hall’s National Hospital Flash Report found.
The report includes actual and budget data from more than 900 hospitals. The most recent data reflects hospital performances during May 2022.
The median change in operating margin was up 18.9 percent from April but down 45.6 percent from May 2021. Similarly, the median change in operating EBITDA margin was up 13.5 percent from April but down 36.1 percent from May 2021.
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