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Hospital margins drop for a second month as labor expense continue to climb

Press releases may be edited for formatting or style | December 01, 2021 Business Affairs

The inpatient volume declines contributed to a 0.9% decrease in Inpatient Revenue from September to October, which brought Gross Operating Revenue (not including CARES) down slightly at 0.1% over the same period. However, Gross Operating Revenue and Inpatient and Outpatient revenues continued to rise both year-to-date and year-over-year for an eighth consecutive month compared to 2019 and 2020 levels. Outpatient Revenue rose across all measures in October, up 1.2% from September.

The National Hospital Flash Report draws on Syntellis Performance Solutions data from more than 900 hospitals.

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