Hospital median operating margins rose to 1.4 percent in August, the sixth straight month of positive results, Syntellis said in its latest monthly benchmark report.
The latest data comes after a slip in July by almost 1 percentage point.
“While margins remain narrow, the August figure suggests hospital finances are stabilizing with strong revenues contributing to six consecutive months of positive operating margins after more than a year in the red,” the report said. Margins are up 1.9 percent from August 2022, Becker’s reports. Read more.