As reported here on Dec. 10, “Hospitals’ financial and operational performance remained stable in October, with key indicators including revenue, operating margins, and the average length of patient stay generally holding steady, according to the most recent ‘National Hospital Flash Report’ from the Chicago-based consulting and advisory firm Kaufman Hall, a Vizient company.”
According to the report, published on Dec. 9 and posted to the firm’s website, the mean operating margin for hospitals in October was 4.4 percent, up slightly from the 4.3 percent mean operating margin in April through September. Indeed, hospital operating margins have been stable all year; in January, the mean operating margin was 4.9; in February, 4.4 percent, and in March, 4.2 percent. All of the 2024 mean operating margins have been considerably higher than in November and December 2023, when they…
