For any organization, a positive operating margin is essential for long-term survival. Few organizations can maintain themselves for an extended period when total expenses are greater than total revenues.
“The Effect of COVID-19 on Hospital Financial Health” projects how the financial upheaval of COVID-19 could affect hospital operating margins through the end of 2020. Based on this projection, without further government assistance, median hospital margins could range from -1% to -11% by the end of 2020.
For more information, contact COVIDrecovery@kaufmanhall.com.