Above Chart: Kaufman Hall Operating Margin Index™ YTD by Month
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.
The median Kaufman Hall Year-To-Date Operating Margin Index reflecting actual margins was 0.2% in December, the only month in 2022 where hospitals realized positive YTD margins. Despite the end-of-year upswing, approximately half of U.S. hospitals finished 2022 with a negative margin as growth in expenses outpaced revenue increases.
The January issue of the National Hospital Flash Report covers these and other key performance metrics.
Erik Swanson is a Senior Vice President leading Kaufman Hall’s Data and Analytics Group where he focuses on providing cutting-edge data science tools to our clients to provide deeper and more timely insight, drive operational improvement, develop thought leadership, and produce the most meaningful outcomes.
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