June was a mixed month for the nation’s hospitals and health systems. While key performance metrics continued to improve compared to poor performance seen in the early months of the pandemic in 2020, margins and volumes remained below pre-pandemic levels from 2019, not including federal CARES Act funding. At the same time, expenses rose above 2019 levels and revenues surpassed both 2019 and 2020 performance.
A resurgence of COVID-19 cases from rapid spread of the highly contagious Delta variant is raising new uncertainties for hospitals and health systems across the country.
The nation’s hospitals and health systems continued to see gains across key metrics in May compared to dramatic losses experienced in the early months of the COVID-19 pandemic. Volumes and margins both increased compared to 2020 levels, but remain down compared to 2019.
Hospitals and health systems across the country continued to see gains in April compared to devastating losses in the early months of the COVID-19 pandemic.