January 04, 2023
The nation’s hospitals saw improved financial performance during November, but still reported negative margins to date, according to a new report from health care analyst Kaufman Hall.
The latest Kaufman Hall National Hospital Flash Report released today provides an ongoing review of the financial conditions at U.S. hospitals. This month’s report noted the way hospital labor costs and patient volume affect overall margins, as well as trends in inpatient and outpatient revenue.
“Hospitals were fortunately relieved of some financial pressure in November amid a continued competition in the (health care) labor market, potentially due to a shift away from expensive contract labor,” said Erik Swanson, senior vice president of data and analytics with Kaufman Hall.
Here’s what you need to know:
HAP continues to advocate for the necessary resources to ensure Pennsylvania’s hospitals can continue to deliver outstanding care in their communities.
The National Hospital Flash Report uses data from the last three years from more than 900 hospitals. The report is available to review online.
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