The average hospital operating margin dropped from June to July, but has increased year over year, according to the Kaufman Hall National Hospital Flash Report.
The report, released Aug. 28, included data from more than 1,300 hospitals across the U.S. Kaufman Hall noted expenses dropped in July, but not enough to offset revenue losses and bad debt and charity care increased as well.
Here are 36 statistics on hospital profitability, focused on operating margin and EBITDA nationally and by region.
National
Operating Margin
July 2023 vs. June 2023: -31 percent
July 2023 vs. July 2022: 20 percent
First half of 2023 vs. First half of 2022: 20 percent
EBITDA
July 2023 vs. June 2023: -26 percent
July 2023 vs. July 2022: 13 percent
First half of 2023 vs. First half of 2022: 12 percent
West
Operating Margin
July 2023 vs. June 2023: -42 percent
July 2023 vs. July 2022: 7 percent
First half of 2023 vs. First half of 2022: 16 percent
EBITDA
July 2023 vs. June 2023: -29 percent
July 2023 vs. July 2022: 0 percent
First half of 2023 vs. First half of 2022: 5 percent
Midwest
Operating Margin
July 2023 vs. June 2023: - 45 percent
July 2023 vs. July 2022: 21 percent
First half of 2023 vs. First half of 2022: 6 percent
EBITDA
July 2023 vs. June 2023: -44 percent
July 2023 vs. July 2022: 10 percent
First half of 2023 vs. First half of 2022: 4 percent
South
Operating Margin
July 2023 vs. June 2023: -16 percent
July 2023 vs. July 2022: 32 percent
First half of 2023 vs. First half of 2022: 27 percent
EBITDA
July 2023 vs. June 2023: -16 percent
July 2023 vs. July 2022: 21 percent
First half of 2023 vs. First half of 2022: 15 percent
Northeast / Mid Atlantic
Operating Margin
July 2023 vs. June 2023: -38 percent
July 2023 vs. July 2022: 19 percent
First half of 2023 vs. First half of 2022: 25 percent
EBITDA
July 2023 vs. June 2023: -39 percent
July 2023 vs. July 2022: 7 percent
First half of 2023 vs. First half of 2022: 17 percent
Great Plains
Operating Margin
July 2023 vs. June 2023: -40 percent
July 2023 vs. July 2022: 39 percent
First half of 2023 vs. First half of 2022: 43 percent
EBITDA
July 2023 vs. June 2023: -25 percent
July 2023 vs. July 2022: 18 percent
First half of 2023 vs. First half of 2022: 18 percent