Operating margins up but still in the red as expenses soar

Hospital operating margins were up slightly from May to June, but were still negative overall due to still-soaring expenses, according to the latest Flash Report from Kaufman Hall. Margins were still significantly lower than pre-pandemic levels, and even when compared to May 2021. Outpatient volumes were up from the previous month, and expenses were generally down from May, but remain extremely elevated from pre-pandemic levels.

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