Hospitals Continue to Build Financial Resilience
CHICAGO – November 28Th, 2023 – Hospitals’ financial performance in October improved compared to the previous month, according to the latest National Hospital Flash Report from Kaufman Hall. Margins are above pandemic levels and volumes held steady.
“Hospitals are continuing to experience financial stabilization and are increasingly adopting strategies to build resilience and minimize vulnerability. Key strategies include investing in technology, strengthening relationships with post-acute providers, expanding outpatient footprints, and deploying workforce optimization techniques.”
– 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.
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.