Hospitals’ financials dipped in September as volumes dipped “across the board” and labor expenses inched upward, according to Kaufman Hall’s monthly sector report. The healthcare consulting firm’s single-month index of over 1,300 hospitals’ operating margins dropped from 3.5% in August to 1% in September. Hospitals’ year-to-date operating margin index “paradoxically” rose from 1.2% to 1.4%, which was attributed to “the historical variation in performance of hospitals across 2023.”
Read the full article: September’s Diving Volumes Slash Hospital Margins, Kaufman Hall Reports //
Source: https://www.fiercehealthcare.com/providers/septembers-diving-volumes-slash-hospital-margins-kaufman-hall-reports