Kaufman Hall: Hospitals saw profitability bump in October, boosted by rise in volume
December 03, 2018 / Paige Minemyer
Hospitals saw a profitable October, spurred by a boost in volume and length of stays, according to a new report. Kaufman Hall’s latest flash report, based on financial data from 600 hospitals in October, showed improved performance in both operating margin and EBITDA compared to September and to October 2017. Year-over-year EBITDA margin improvements were reported across the country, aside from the Northeast and mid-Atlantic, with the greatest gains reported in the Midwest. Midsized hospitals with between 200 and 300 beds made the greatest profitability gains, while large hospitals with 500 or more beds struggled to manage costs as effectively, according to the report.