Hospitals have had a rough year financially, but things may be looking up.
The “Kaufman Hall Hospital Flash Report” released this month showed operating margins overall were up 8% for hospitals nationally year over year in August, and rocketed 17% for the first eight months of the year compared to the same period in 2022. EBIDA also improved 10% year-to-date in August compared to the previous year.
But not every region experienced the same success.
The South and Northeast / Mid-Atlantic had the biggest operating margin jumps, at 20% year over year in August. The Western region trailed at 8% operating margin growth year over year for the month, followed by the Great Plains region at 7%, Becker’s reports. Read more.
