HFMA: Top Causes of Operational Margin Pressure Among Health Systems

1. Higher labor costs: 96%
2. Lower reimbursement from payers: 84%
3. Higher supply costs: 47%
4. Lower inpatient volumes: 25%
5. Lower outpatient volumes: 17%
6. Lower patient collections: 10%
7. Other: 8%

Notes: Based on survey responses of 135 health system Chief Financial Officers and qualitative interviews with CFOs conducted in the first quarter of 2024.
Source: "Health Systems near their breaking point. Labor costs continue to increase while dollars collected from payers decrease." Healthcare Financial Management Association (HFMA) press release, March 6, 2024.
Source URL: https://www.hfma.org/press-releases/health-systems-near-thei...

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