Moody’s: Hospital margins plunge in 2022
Labor costs and volume disruptions drove declines in operating margins for nonprofit hospitals and health systems in fiscal 2022, Moody’s Investors Service reported yesterday based on preliminary medians data from 132 health systems. Cash balances also declined, in part due to investment losses and repayment of federal Medicare loans, while covenant violations and near-violations escalated.
“Given this distribution and the continued difficulties in the healthcare operating environment, we expect our final 2022 medians results to worsen,” the report notes.
Related News Articles
Headline
The Centers for Medicare & Medicaid Services estimated national health spending grew 8.2% in 2024 and expects a 7.1% increase in 2025, the agency reported…
Headline
Secretary of Health and Human Services Robert F. Kennedy Jr. today appeared before the House Energy and Commerce Subcommittee on Health for a hearing to…
Headline
The Senate Health, Education, Labor, and Pensions Committee today released its text for the budget reconciliation bill. The text includes one health care…
Headline
The Trump administration May 30 released supplemental documents on its fiscal year 2026 discretionary budget request to Congress. The proposal includes $94.7…
Headline
Food and Drug Administration Commissioner Marty Makary testified May 22 before the Senate Appropriations Subcommittee on Agriculture, Rural Development, Food…
Headline
Secretary of Health and Human Services Robert F. Kennedy Jr. May 20 appeared before the Senate Appropriations Committee for a hearing to testify on the…