March 2020
National Hospital Flash Report
Based on February Data from Over 800 Hospitals
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Dear Readers,
As you read this, many of your organizations either are coping with the onslaught of patients from the COVID-19 pandemic, or bracing for the impact of anticipated volumes to come. The nation’s hospitals and health systems will face untold challenges in the months ahead, with unprecedented demands on staff, resources, and capacity.
The National Hospital Flash Report provides snapshots in time, reflecting the performance of U.S. hospitals in a given month. Looking back at February data is like looking at the calm before the storm. The second month of the year saw margins continue to fall following moderate declines in January, due in large part to rising expenses. Next month’s report will be quite different, reflecting the initial impacts of the virus’ rapid spread across the country.
Since the first U.S. case was confirmed in Washington state on Jan. 20, the number of coronavirus cases has ballooned to more than 42,000 and growing. For this month’s Spotlight, we direct you to Kaufman Hall’s Coronavirus Updates page, and ask for your feedback on the types of data you would like to see in real-time over the coming months (please send your responses to FlashReports@kaufmanhall.com).
One thing is certain, COVID-19 is dramatically changing the picture for our nation’s hospitals and health systems. We will continue to track the data to help you keep a pulse on the broader industry as your organizations fight this critical battle against COVID-19 in the communities you serve.
We cannot thank you enough for all that you are doing. Thanks,
Jim Blake
Managing Director and Publisher
Kaufman Hall
Real Data. Real Insight. Real Time.
©2020 Kaufman, Hall & Associates, LLC
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National Hospital Flash Report
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