According to a new report from Kaufman Hall, U.S. hospitals and health systems in October 2022 experienced their 10th consecutive month of negative operating margins. Based on data from more than 900 hospitals, margins were down 43% from a year ago, as high labor and other costs continued to outpace revenues and labor shortages delayed discharges and admissions.
The report can be obtained at https://www.kaufmanhall.com/sites/default/files/2022-11/KH-NHFR_2022-11.pdf.