News Headlines Article

Report: Hospital profitability improved in April
Modern Healthcare

Hospitals were more profitable in April compared with the same month last year, as some facilities finally see the fruits of their cost-cutting efforts, a new Kaufman Hall report shows.

Operating margins grew more than 20% and operating earnings before interest, taxes, depreciation and amortization grew by 8.6% in April compared with the prior-year period, the consultancy wrote in its National Hospital Flash Report, which is based on data from more than 600 not-for-profit and for-profit hospitals. Increased volumes and decreased lengths of stay also contributed to the better performance.