December 1, 2022
  • Kaufman Hall’s latest Hospital Flash Report indicates that the hospital sector is on track to end the year with negative margins. In October, operating margins declined 2 percent from the previous month and were down 13 percent from a year ago. Costs increased 1 percent between September and October while net revenue grew 2 percent. Labor expenses rose 3 percent. Patient discharges declined 1 percent and average length of stay increased 3 percent due to staff shortages. (Report here; Article here)