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Hospitals entered 2023 on more stable footing, following the worst financial year since the start of the pandemic. However, they still face a range of persistent challenges, including higher labor expenses, lower patient volumes, and a fundamental shift in where patients access care services.

Last year was the worst financial year for hospitals and health systems since the start of the COVID-19 pandemic, according to the latest data from Kaufman Hall.

America's providers are more productive and seeing more patients than ever—particularly in primary care settings—resulting in an increase in revenue in the last quarter of 2022. However, increased expenses outweighed improved revenue.

Hospitals experienced a slight increase in operating margins in November 2022—though margins remained negative for 2022 to date—according to the latest National Hospital Flash Report from Kaufman Hall.

Just a few months remain in what is shaping up to be one of the worst financial years on record for hospitals. Expense pressures—particularly with the cost of labor—outpaced revenues...

Just a few months remain in what is shaping up to be one of the worst financial years for hospitals. Hospitals faced decreasing revenues and treated sicker patients. Hospitals did...

Physician practices continued a trend of increased productivity in the third quarter of 2022. However, despite higher volumes and increased productivity, investments/subsidies increased...

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.

Not-for-profit healthcare issuance remains light across all public and private funding channels. Rates remain relatively attractive, but uncertainty about the depth and breadth of the new issue healthcare markets persists.

U.S. hospitals and health systems are experiencing some of the worst margins since the beginning of the pandemic, and they lack the federal funds to offset the damage. The gains hospitals saw in recent months reversed themselves in July, as lagging outpatient volumes shrunk revenues and expenses jumped up from June.

U.S. hospitals and health systems are now halfway through an enormously difficult year. While margins were up in June compared to May, expenses remain at historic highs, leaving...

Physician practices across the country stayed busy throughout the second quarter of 2022, as physician productivity and revenues all rose with higher patient volumes between the first...