U.S. hospitals and health systems continued to experience negative operating margins through November 2022, Kaufman Hall reported today. Median operating margins were down 44% so far this year compared with 2021, as high labor and other costs continued to outpace revenues, according to data from over 900 hospitals.  
 

Related News Articles

Headline
The White House and Speaker McCarthy May 27 announced the Fiscal Responsibility Act of 2023 (H.R. 3746), a deal to suspend the debt limit for nearly two…
Headline
Sens. Bob Casey, D-Pa., and Chuck Grassley, R-Iowa, have introduced the Rural Hospital Support Act (S.1110), AHA-supported legislation that would make…
Headline
In a blog published today, AHA refuted a number of suggestions that appeared in a recent Health Affairs column discussing what is behind the…
Headline
Hospital operating margins dipped again in February to -1.1% and continue to remain negative, though with less month-to-month variation, according to the…
Headline
President Biden today submitted to Congress his budget request for fiscal year 2024. The budget includes discussion of certain health care policies, such as…
Headline
Last year was the worst financial year for U.S. hospitals and health systems since the start of the COVID-19 pandemic, as growth in expenses outpaced growth in…