Geographical differences, however, were sometimes stark in their contrast. While most regions were struggling with year-to-date 2023 and year-to-date 2020 comparisons, for example, the South performed notably well.
The report, released Oct.1, included data from more than 1,300 hospitals across the U.S.
Here are 48 statistics on hospital profitability, focused on how operating margins and earnings before interest, depreciation and amortization margins have changed nationally and by region at various points since 2020.
National
Operating margin
August 2023 vs. July 2023: 35 percent
August 2023 vs. August 2022: 8 percent
YTD 2023 vs. YTD 2022: 17 percent
YTD 2023 vs. YTD 2020: -4 percent
EBIDA
August 2023 vs. July 2023: 23 percent
August 2023 vs. August 2022: 4 percent
YTD 2023 vs. YTD 2022: 10 percent
YTD 2023 vs. YTD 2020: -11 percent
West
Operating margin
August 2023 vs. July 2023: 40 percent
August 2023 vs. August 2022: 8 percent
YTD 2023 vs. YTD 2022: 9 percent
YTD 2023 vs. YTD 2020: -29 percent
EBIDA
August 2023 vs. July 2023: 36 percent
August 2023 vs. August 2022: -2 percent
YTD 2023 vs. YTD 2022: 3 percent
YTD 2023 vs. YTD 2020: -28 percent
Midwest
Operating margin
August 2023 vs. July 2023: 41 percent
August 2023 vs. August 2022: 0 percent
YTD 2023 vs. YTD 2022: 6 percent
YTD 2023 vs. YTD 2020: -18 percent
EBIDA
August 2023 vs. July 2023: 35 percent
August 2023 vs. August 2022: -3 percent
YTD 2023 vs. YTD 2022: -1 percent
YTD 2023 vs. YTD 2020: -20 percent
South
Operating margin
August 2023 vs. July 2023: 33 percent
August 2023 vs. August 2022: 20 percent
YTD 2023 vs. YTD 2022: 39 percent
YTD 2023 vs. YTD 2020: 27 percent
EBIDA
August 2023 vs. July 2023: 17 percent
August 2023 vs. August 2022: 22 percent
YTD 2023 vs. YTD 2022: 22 percent
YTD 2023 vs. YTD 2020: 14 percent
Northeast/Mid-Atlantic
Operating margin
August 2023 vs. July 2023: 20 percent
August 2023 vs. August 2022: 8 percent
YTD 2023 vs. YTD 2022: 20 percent
YTD 2023 vs. YTD 2020: 8 percent
EBIDA
August 2023 vs. July 2023: 15 percent
August 2023 vs. August 2022: 2 percent
YTD 2023 vs. YTD 2022: 12 percent
YTD 2023 vs. YTD 2020: 0 percent
Great Plains
Operating margin
August 2023 vs. July 2023: 18 percent
August 2023 vs. August 2022: 7 percent
YTD 2023 vs. YTD 2022: 32 percent
YTD 2023 vs. YTD 2020: -12 percent
EBIDA
August 2023 vs. July 2023: 19 percent
August 2023 vs. August 2022: 3 percent
YTD 2023 vs. YTD 2022: 15 percent
YTD 2023 vs. YTD 2020: -17 percent
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