Outpatient volumes and revenue for hospitals and health systems showed a robust rebound in March as expenses eased due to fewer extremely sick patients, a new report said. Consulting firm Kaufman Hall released its latest hospital flash report detailing the impact of system finances for the month of March, Fierce Healthcare reports. A key takeaway from the report is that while actual hospital margins were negative for the third month in a row, outpatient revenues had a massive bump.
Kaufman’s latest report showed that outpatient revenue was up 16.7% compared to February 2022 and 2.7% when paired against the same period last year. Outpatient revenues also grew by nearly 35% compared to the first month of the pandemic back in 2020. Read more.
