Hospitals’ monetary efficiency stays regular, in keeping with the latest Nationwide Hospital Flash Report from the Chicago-based Kaufman Corridor consulting and advisory agency. A core measure of hospitals’ income, the Kaufman Corridor Calendar Yr-to-Date Working Margin Index, was 4.1 % in July.
A press launch posted to the corporate’s web site on Sep. 4 quoted Erik Swanson, senior vp of information and analytics as stating that “The theme of 2024 has been stability. We’re seeing enhancements throughout the board, particularly in outpatient income and shorter common size of keep. Notably, the discount in common size of keep has additionally led to vital decreases in bills, additional bolstering hospital efficiency. Nonetheless, whereas total hospital efficiency has been sturdy, the monetary efficiency of well being techniques has been trending decrease than hospitals alone.”
The report famous a number of “key takeaways”:
1. Hospital funds proceed to stabilize with sturdy working margins. Key indicators together with outpatient income and common lengths of keep present continued enchancment.
2. Decreases in common lengths of keep have additionally led to declines in bills.
3. General hospital efficiency has been sturdy in 2024. As compared, the efficiency of well being techniques has been trending decrease than hospital efficiency.
