Hospitals’ margins, outpatient volumes and revenues all dropped while expenses rose in January, as the highly contagious omicron variant spread and COVID-19 cases and hospitalizations peaked, Healthcare Dive motes, citing a recent Kaufman Hall National Hospital Flash Report.
Ongoing expense increases and abrupt volume shifts led the median change in operating margin without accounting for relief funds to drop more than 70% from December to January, according to the report.
Outpatient care delays from December to January led outpatient revenue to drop 7.5% while inpatient revenue rose 2.7%, according to the report. Read more.
