Top
image credit: Adobe Stock

Hospital margins improve modestly in November as expenses dip

January 5, 2023

Category:

Inflation and staffing shortages, particularly in nursing, caused historically high expenses for hospitals and health systems in 2022. The persistent labor crisis also forced facilities to operate below full capacity, pressuring volumes and revenues, Kaufman Hall found in a prior survey.

Labor shortages resulted in facilities struggling to discharge patients, causing longer lengths of stay that added to expenses but did not translate into additional revenue.

Read More on Healthcare Dive