Hospital margins break even at 0%
By Admin | May 31, 2023
The median year-to-date operating margin index for hospitals slightly improved in April to 0 percent, according to Kaufman Hall.
The neutral margin marks a slight improvement from the -0.3 percent recorded in March, according to Kaufman Hall's latest "National Flash Hospital Report" — based on data from more than 900 hospitals.
Hospitals saw increased bad debt and charity care and decreased inpatient and outpatient volumes in April, which Kaufman Hall experts correlate to the winding down of the COVID-19 Public Health Emergency, which ended May 11.
"With states conducting their Medicaid eligibility redetermination, it's predicted that hundreds of thousands of people will ultimately become uninsured," Erik Swanson, senior vice president of data and analytics with Kaufman Hall, said. "The data indicate that we may already be seeing the effects of disenrollment materialize with patients less likely to seek out the care...(More)
For more info please read, Hospital margins break even at 0%, Becker's Hospital Review