Where hospital care happens is fundamentally shifting, according to the latest hospital financial performance data from Kaufman Hall. The healthcare consulting firm released its monthly National Hospital Flash Report, drawing on data from more than 1,300 hospitals. In addition to outlining operating margins for the month of May, the report also highlighted an ongoing trend — the shift from inpatient to outpatient hospital care. Year-to-date, daily discharges remained stable, while adjusted daily discharges increased by 2%. The average length of stay also fell by 2% during that period. But daily outpatient revenue was significantly up by 6% year-over-year and 8% year-to-date. Notably, the metric increased by 26% year-to-date compared to this time three years ago.
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Source: https://www.techtarget.com/revcyclemanagement/news/366645808/Care-continues-shift-to-outpatient-as-hospital-margins-dip