The National Hospital Flash Report provides timely and unique insights into the performance of hospitals nationwide. Published monthly, the report includes data and analyses across the key areas of margins, volumes, revenues, and expenses derived from more than 900 U.S. hospitals.

March 2021 National Hospital Flash Report Cover

National Hospital Flash Report Summary: March 2021

February 2021 was another challenging month for U.S. hospitals and health systems, as margins were affected by continued low outpatient volumes combined with declining inpatient volumes following January’s record-high COVID-19 hospitalizations.
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February 2021 National Hospital Flash Report Cover
February 2021 National Hospital Flash Report Cover

National Hospital Flash Report Summary: February 2021

Hospitals and health systems had a difficult start to 2021 as declining volumes, falling outpatient revenues, and rising expenses contributed to significant January margin declines. The ongoing effects of COVID-19 propelled January’s poor results, but it was a mixed month in terms of COVID-19 metrics.
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January 2021National Hospital Flash Report Summary
January 2021National Hospital Flash Report Summary

National Hospital Flash Report: January 2021

Hospitals and health systems across the country closed a tumultuous 2020 with record levels of COVID-19 related hospitalizations and continued poor performance across most metrics in December. Hospital margins fell significantly with declining volumes and outpatient revenues, and escalating expenses compared to 2019.
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Bridge with blue tint
Bridge with blue tint

National Hospital Flash Report: December 2020

Mounting cases of COVID-19 are heightening the stress on our nation’s hospitals and health systems, even as many celebrate the recent approval and distribution of millions of doses of COVID-19 vaccine.
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Ball on a track
Ball on a track

National Hospital Flash Report: November 2020

COVID-19 Continues to hit hospital finances hard as cases mount. With the federal aid, the median margin was 2.4% YTD. Operating Margin fell 69.4% YTD (6.0 percentage points) without CARES compared to January-October 2019, and 18.7% YTD (1.7 percentage points) with CARES.
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Two doctors reading notes and holding a sample
Two doctors reading notes and holding a sample

National Hospital Flash Report: September 2020

Margins have consistently performed below 2019 levels as a result. Even so, the last few months had shown some signs of potential progress, with margins increasing incrementally month-over-month.
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Woman with mask posting sign on business door
Woman with mask posting sign on business door

National Hospital Flash Report: August 2020

The COVID-19 pandemic continued to drive significant volatility in operating performance for hospitals across the country in July, suppressing volumes and revenues compared to the same period last year.
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Healthcare working touching hands with small child through glass
Healthcare working touching hands with small child through glass

National Hospital Flash Report: July 2020

Even when including the CARES Act relief, the year-to-date median hospital operating margin is still 200-300bps below historical and sustainable performance.
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Healthcare worker putting on medical mask
Healthcare worker putting on medical mask

National Hospital Flash Report Summary: March 2020

U.S. hospitals experienced margin declines in February 2020, following moderate declines in January. Dig into comprehensive hospital performance data from over 600 hospitals in the National Hospital Flash Report summary.
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The National Hospital Flash Report uses actual data sampled from over 800 hospitals from Syntellis' Axiom™ Comparative Analytics — software that provides unparalleled comparisons to drive real-time operational decisions and performance improvement initiatives. Learn more about how Comparative Analytics can help you find your fastest path to recovery.