Hospital and Health System Financial Performance Improves, but Outlook is Uneven

CHICAGO - June 3rd, 2024 - Hospitals’ financial performance improved in April, according to the most recent National Hospital Flash Report from Kaufman Hall. Revenue and operating margins increased in April relative to March and the same time frame last year, though experts caution that there is wide divergence in performance.

“While financial performance looks solid on the surface, a closer examination of the data shows a greater divide between high- and low-performing hospitals. Forty percent of hospitals in the United States are losing money. Organizations who have weathered the challenges of the last few years have adopted a wide range of proactive and growth-related strategies, including improving discharge transitions and a building a larger outpatient footprint.”

– Erik Swanson, senior vice president of Data and Analytics, Kaufman Hall

The National Hospital Flash Report draws on data from more than 1,300 hospitals from Syntellis Performance Solutions, now part of Strata.

About Kaufman Hall

Kaufman Hall provides management consulting solutions to help society’s foundational institutions realize sustained success amid changing market conditions. Since 1985, KaufmanHall has been a trusted advisor to boards and executive management teams, helping them incorporate proven methods, rigorous analytics, and industry-leading solutions into their strategic planning and financial management processes, with a focus on achieving their most challenging goals.

KaufmanHall services use a rigorous, disciplined, and structured approach that is based on the principles of corporate finance. The breadth and integration of KaufmanHall advisory services are unparalleled, encompassing strategy; financial and capital planning; performance improvement; treasury and capital markets management; mergers, acquisitions, partnerships, and joint ventures; and real estate.

Kaufman Hall companies include Claro Healthcare and Gist Healthcare.

CONTACT: Nina Gabel,, (540) 209-1325