Acute-care hospitals in Massachusetts are seeing improved financial performance from fiscal year 2011 through the first two quarters of fiscal year 2012, as the median total margin increased from 2.1 percent last year to 3 percent this year, according to data from the Massachusetts Center for Health Information and Analysis.
The average operating margin across all Massachusetts acute-care hospitals was 1.7 percent last year, and in the first two quarters of FY 2012, the median operating margin stood at 2.2 percent.
However, like other states, certain types of hospitals are enjoying more financial stability than others. Disproportionate share hospitals reported a median total margin of 1.7 percent and an operating margin of 1 percent in the first half of 2012. Non-disproportionate share hospitals recorded margins of 4.4 percent and 2.3 percent, respectively.
Hospitals in central Massachusetts, which includes the Worcester area, also recorded the lowest total margin of any region at 0.4 percent. Hospitals in southeast Massachusetts, which includes New Bedford and Taunton, recorded the highest total margin at 5 percent. Hospitals in the metropolitan Boston area reported a median total margin of 2.7 percent in the first two quarters of 2012.
The average operating margin across all Massachusetts acute-care hospitals was 1.7 percent last year, and in the first two quarters of FY 2012, the median operating margin stood at 2.2 percent.
However, like other states, certain types of hospitals are enjoying more financial stability than others. Disproportionate share hospitals reported a median total margin of 1.7 percent and an operating margin of 1 percent in the first half of 2012. Non-disproportionate share hospitals recorded margins of 4.4 percent and 2.3 percent, respectively.
Hospitals in central Massachusetts, which includes the Worcester area, also recorded the lowest total margin of any region at 0.4 percent. Hospitals in southeast Massachusetts, which includes New Bedford and Taunton, recorded the highest total margin at 5 percent. Hospitals in the metropolitan Boston area reported a median total margin of 2.7 percent in the first two quarters of 2012.
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