The report highlights data from more than 1,600 hospitals nationwide The average year to date operating margin hit 6.5% in July, up 4.1 percentage points from 2023. While expenses were up 8.2% from 2023, revenue climbed nearly 14%.
Patient demand contributed to the margin gains, according to the report, with outpatient visits soaring 13.2% and inpatient visits jumping 8.2% year over year. Outpatient revenue was up nearly 16% and inpatient revenue jumped 9.1% in July compared to the same period in 2023.
Inpatient admissions were up 12.2% in July compared with 2022.
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