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.
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.
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.
National Hospital Flash Report: August 2023
Hospitals’ financial performance worsened in July as volumes fell, but margins remain improved from 2022. The median Kaufman Hall Calendar Year-To-Date Operating Margin Index reflecting actual margins was 1.3% in July.
Physician Flash Report: Q2 2023
Physician and provider productivity is on the rise as patients increasingly seek care in ambulatory settings. However, increased revenue and productivity in Q2 was not enough to offset rising expenses as the median investment/subsidy per provider still rose 5% year-over-year to $224,243.
National Hospital Flash Report: July 2023
Most hospitals underperformed in June as high expenses and economic pressures persist. As margins continue to stabilize on the surface, the gap between high-performing hospitals and those struggling in this new “new normal” is widening.
Comments on Current Management Issues in the Healthcare C-Suite: Management of Labor in Trying Financial Circumstances
C-suites across America are moving to stronger measures to assure the financial survivability and competitiveness of their organizations. Data and analysis suggest that reductions in force are among the measures being taken today.
Thoughts from Ken Kaufman
National Hospital Flash Report: June 2023
Hospital finances showed signs of stabilizing in May amid slightly improving operating margins, declining expenses and notable increases in outpatient visits.
Health System Workforce Market & Solutions: Flash Intelligence
Our latest report uncovers emerging workforce spending trends.