National Hospital Flash Report: February 2023
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.
National Hospital Flash Report: January 2023
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.
Physician Flash Report: January 2023
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.
National Hospital Flash Report: December 2022
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.
National Hospital Flash Report: November 2022
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...
National Hospital Flash Report: October 2022
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 Flash Report: October 2022
Physician practices continued a trend of increased productivity in the third quarter of 2022. However, despite higher volumes and increased productivity, investments/subsidies increased...
National Hospital Flash Report: September 2022
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.
Navigating Under Pressure
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.
National Hospital Flash Report: August 2022
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.
National Hospital Flash Report: July 2022
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...