MedCity News December 11, 2024
Hospitals’ finances have been much more stable in 2024 than last year, according to a new report from Kaufman Hall. Some contributing factors include increases in patient volume and a shorter average length of stay for patients.
Hospitals’ finances have remained much more stable in 2024 than last year, according to a new report from Kaufman Hall. The report is based on financial data from more than 1,300 hospitals, with the latest data being from October.
“There’s been a slight underperformance relative to pre-pandemic levels — however, seeing the median operating margins being consistently positive throughout the course of 2024 is a good sign,” said Erik Swanson, senior vice president at Kaufman Hall.
The report showed that during October, hospitals’...