Research Report

National Hospital Flash Report: April 2023

5 minute
April 2023 Operating Margins

Hospital finances improved slightly in March as hospital leaders navigate high expenses and economic pressures. While margins continue to stabilize, they remain below pre-pandemic levels—leaving hospitals in a vulnerable position should a recession or new public health emergency arise.

The median Kaufman Hall Year-To-Date Operating Margin Index reflecting actual margins was relatively flat in March.

The April issue of the National Hospital Flash Report covers these and other key performance metrics.

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