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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 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.

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.

A significant increase in the number of announced transactions in Q2 2023—20, as compared to 15 transactions announced in Q1 2023—brought the quarter in line with pre-pandemic activity levels.

Hospital finances showed signs of stabilizing in May amid slightly improving operating margins, declining expenses and notable increases in outpatient visits.

The latest Kaufman Hall Report includes an inside look at the strategic alternatives for health system outreach laboratories—and key challenges and opportunities for health systems.

Our latest report uncovers emerging workforce spending trends.

Hospital and Health System Transactions In the final quarter of 2022, we noted an uptick in transaction activity with 17 announced transactions. That activity level was almost matched...

Since the onset of the COVID 19 pandemic in March 2020, Alabama hospitals and health systems have taken unprecedented steps to care for their communities amid significant pressure on staff and resources.

Since the onset of the COVID 19 pandemic in March 2020, Tennessee hospitals and health systems have taken unprecedented steps to care for their communities amid significant pressure on staff and resources.

Our latest report uncovers emerging telemedicine spend trends.

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.