Hospital Finances Begin to Stabilize

Hospital margins are beginning to stabilize, with razor-thin margins likely becoming the new normal in the near future, according to Kaufman Hall’s latest National Flash Hospital Report. Based on data from more than 900 hospitals, the report found that hospitals’ median operating margins in February went down slightly at -1.1% from the previous month. Outpatient care is driving revenues, as patients continued to seek care away from inpatient settings due to the pandemic. Meanwhile, inflation and pricing pressures are leading to significant cost growth in supplies and services. Labor expenses, which shot up over the last three years, appeared to be holding steady.

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Jinghong Chen

Jinghong Chen Reporter

Jinghong produces infographics and data stories on health insurance and specialty pharmacy for AIS Health. She graduated from Missouri School of Journalism with a focus on data journalism and international reporting. Before joining AIS in 2018, she worked at WBEZ, Al Jazeera English and The New York Times Chinese.

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