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.
The median Kaufman Hall Year-To-Date Operating Margin Index reflecting actual margins was -1.0% in January.
The February issue of the National Hospital Flash Report covers these and other key performance metrics.
Erik Swanson is a Senior Vice President with Kaufman Hall’s Data Analytics practice, focusing on Performance Improvement.
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