Healthcare DIVE June 24, 2020
Dive Brief:
- U.S. hospitals saw signs of recovery in May with median operating margins reaching 4% thanks to COVID-19 relief aid from Congress and volume increases, according to Kaufman Hall’s flash report for the month.
- Adjusted discharges were up 30% month over month and surgery minutes nearly doubled in May compared to April. Adjusted patient days and emergency room visits also increased, according to the report published Wednesday.
- Still, all figures were significantly down from May 2019. Total gross revenue was down 14% year-over-year, led by a 27% drop in outpatient revenue.
Dive Insight:
The numbers are a spot of good news for hospitals following record-low performance in April. Most health systems resumed elective procedures last month after...
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