National Hospital Flash Report: November 2023
Hospital performance in October reflects continued stabilization with margins above pandemic levels and volumes holding steady. The median Kaufman Hall Calendar Year-To-Date Operating Margin Index reflecting actual margins was 1.2% in October.
Is Now the Time to Terminate Legacy Interest Rate Hedges?
A changing interest rate environment has reopened the opportunity to consider terminating an organization’s swap position. Organizations should take a measured approach in determining whether this is an opportunity they wish to pursue.
Uncertainty Regarding Covenant Compliance Continues
Responses to Kaufman Hall’s 2023 “State of Healthcare Performance Improvement” report indicate ongoing concern regarding covenant challenges in 2024. Organizations need to understand the causes of covenant misses and near misses and build a durable financial plan for the future.
2023 State of the Healthcare Consumer Report: Measuring What Matters
Explore the current state of health system growth and performance measurement; progress the industry has made in adopting consumer-centric, relationship-focused metrics; the barriers they face; and the types of decisions and strategies that arise from taking a more consumer-centric approach.
National Hospital Flash Report: October 2023
While hospitals’ overall performance declined slightly in September compared to the previous month, the median Kaufman Hall Calendar Year-To-Date Operating Margin Index reflecting actual margins was 1.4% in September.
Physician Flash Report: Q3 2023
Physicians are operating at record-high levels of productivity compared to recent years but receiving less pay per unit of work. The median investment/subsidy per provider continues to increase, but the pace is slowing with only a 1% change from Q3 2022 to Q3 2023.
2023 State of Healthcare Performance Improvement Report: Signs of Stabilization Emerge
Hospitals and health systems are seeing some signs of stabilization in 2023 following an extremely difficult year in 2022. Workforce-related challenges persist, however, keeping costs high and contributing to issues with patient access to care.
The Employer Strikes Back: The Hollowing of the Commercial Health Insurance Market and Its Impact on Payers and Providers
Today, the commercial group health insurance market is hollowing out, primarily driven by affordability pressures that have been building for decades.
Listening and Learning
Before you can establish the organizational thought platform that best guides your hospital forward, you will need a leadership team that is committed to creating a “listening and learning” healthcare company.
Thoughts from Ken Kaufman
National Hospital Flash Report: September 2023
While hospital operating margins remain below historical levels, overall conditions have stabilized in 2023. The median Kaufman Hall Calendar Year-To-Date Operating Margin Index reflecting actual margins was 1.1% in August.
Survey Results: Medical Office Buildings Remain an Attractive and Stable Investment Despite Volatile Capital Markets
Despite significant volatility in the capital markets and operating and financial headwinds in the healthcare industry, medical office buildings are holding their own as attractive investment opportunities, according to our survey of a diverse range of real estate investors.