November 4, 2021
  • Kaufmann Hall’s latest monthly report shows that the median change in operating margins for hospitals fell 18.2 percent in September compared to August. Patient volumes and outpatient revenues declined, while supply costs and drug expenses increased considerably. Overall, total expenses were up about 10 percent compared to pre-pandemic figures. Labor expenses per adjusted discharge increased 9.5 percent from August to September, and nearly 16 percent compared to pre-pandemic levels. (Press release here; Report here; Article here)