Wednesday, August 26, 2020

Hospital operating margins are down 96% through July

Healthcare Finance News
Hospital operating margins have plunged 96% since the start of 2020 in comparison with the first seven months of 2019, as uncertainty and volatility continue in the wake of the COVID-19 pandemic, according to Kaufman Hall's new National Hospital Flash Report for July. These results do not include federal funding from the Coronavirus Aid, Relief, and Economic Security Act. Even with that aid, however, operating margins are down 28% year-to-year compared to January through July of 2019.

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