Hospitals' Finances Fare Better Than Those of Doctors

Hospitals see increased operating margins, while physician groups experience deficits where expenses outpace revenue

  • Physician productivity rose in the most recent year (reaching 6213 work relative value units), but physician expenses outpaced revenue.
  • The amount physician practices invest to offset insufficient revenue increased 14% from 2023.
  • The average operating margin of hospitals increased to 6% in February 2024, compared to 0.4% last year.

Source

Syntellis. Monthly Healthcare Industry Financial Benchmarks. Accessed April 18, 2024.