Report: Hospital volumes, revenues plunge in April, offsetting previous gains
According to a report by Kaufman Hall, hospitals faced decreases in both patient volume and revenue in April. Year-to-date hospitals have struggled to rebound from winter surges and new spikes in COVID-19. Median operating margins declined for the fourth straight month with patient volume down 6.5%, revenue down 7%, and expenses continued to climb well above pre-pandemic levels and 9.6% year-to-date higher than 2021
Related News Articles
Perspective
The trends and events shaping the future of health care demonstrate that tending to business as usual — the status quo — just won’t cut it anymore.The good…
Headline
In separate calls Jan. 4 with subscribers, Fitch Ratings and S&P Global Ratings both maintained a gloomy outlook for the not-for-profit hospital sector in…
Headline
A new white paper from the AHA details how integrating physical and behavioral health services can reduce the total cost of care, improve outcomes and improve…
Headline
Mergers and acquisitions are a vital tool to keep financially struggling hospitals open and allow hospitals and health systems to reduce costs, improve quality…
Headline
The U.S. Court of Appeals for the 5th Circuit temporarily restored an Affordable Care Act requirement that most health plans cover certain preventive services…
Headline
Two experts discuss the AHA’s recently released 2023 Costs of Caring Report, which documents the skyrocketing growth in expenses, especially the cost of labor…