Nine months into an extremely challenging year characterized by dramatic fluctuations in margin, U.S. hospitals and health systems are still operating substantially below pre-pandemic levels. Most metrics improved month over- month in August as revenues increased and expenses slowed their climb compared to July. However, organizations are still in poor shape, with a negative median operating margin.
The median Kaufman Hall Year-To-Date (YTD) Operating Margin Index reflecting actual margins was -0.3% through August.
The September issue of the National Hospital Flash Report covers these and other key performance metrics.
Erik Swanson is a Senior Vice President leading Kaufman Hall’s Data and Analytics Group where he focuses on providing cutting-edge data science tools to our clients to provide deeper and more timely insight, drive operational improvement, develop thought leadership, and produce the most meaningful outcomes.
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