Nearly halfway through 2022, margins are cumulatively negative. While some metrics have normalized, hospitals continue to perform below pre-pandemic metrics, and there is an uncertain outlook for the rest of the year.

The median Kaufman Hall Operating Margin Index for May was -0.33%, far from sustainable levels.

May’s warmer temperatures led to more ED visits as people spent more time outdoors, which drove up volumes and revenues. But expenses remain a substantial challenge. Hospitals are still seeing higher labor costs and fewer hours worked, as inflation and turnover worsen long-standing labor shortages.

Our June issue of the National Hospital Flash Report covers these and other key performance metrics. 

Meet the Author
Erik Swanson

Erik Swanson

Senior Vice President
Erik Swanson is a Senior Vice President with Kaufman Hall’s Data Analytics practice, focusing on Performance Improvement.
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