Hospitals in both the Midwest and Northeast saw an operating margin of 15%.
A recent report from Kaufman Hall is taking stock of the profit margins of the nation's hospitals, comparing YTD 24 and YTD 23 data. While most regions saw positive margins, hosptials in the Great Plains were found to be in the red with a margin of -7%.
Southern hospitals came out on top with a margin of 28%, with the West right behind it with 25%. Hospitals in both the Midwest and Northeast saw an operating margin of 15%.
Jasmyne Ray is the revenue cycle editor at HealthLeaders.
KEY TAKEAWAYS
Hospitals in the southern and western regions saw the highest profit margins.