July 2018
Predictions for Next Month
ic_arrow_up.svg
Hide Page Sections
ic_arrow_drop_down_black_24px.svg
Show Page Sections
Regional Predictions ?
Most regions expect to have improved performance relative to last year’s actuals. The Midwest region is an exception, and actually budgeted for a decrease over last year. Past issues noted that the Midwest has experienced some struggles—it appears that the budgets also reflect these challenges. Conversely, the Northeast/Mid-Atlantic region expects an increase both year-over-year and month-over-month. Given some strong performance in the region lately, this reflects optimism. It will be critical to note how closely their actual performance comes to their budget, given that many organizations are in fiscal year 2019, and new performance targets likely have been set.
% Change
Absolute Change
% Change
Absolute Change
National Profitability Predictions
Nationally, July is expected to be weaker than June, but is budgeted to improve over 2017. There is a fair amount of spread in the budgeted values, indicating that there is not yet consensus on what next month’s performance is anticipated to be at a hospital level. As with most future profitability predictions, the outlook is generally positive, with only the smallest hospitals expecting a decrease. The median EBITDA improvement expected next month is around 200 basis points nationally. We will continue to monitor the monthly results to see if the actuals meet up to these expectations.
Unless noted, figures are actuals and medians expressed as percentage change
Unless noted, figures are actuals and medians expressed in basis points
Month Over Month
Year Over Year
Year Over Year Distributions (Click to enlarge)
Operating EBITDA Margin
-12%
19%
img_1807_Next_EBITDA_Box_Percentage.svg
Operating Margin
-9%
-7%
img_1807_Next_Operating_Margin_Box_Percentage.svg
Month Over Month
Year Over Year
Year Over Year Distributions (Click to enlarge)
Operating EBITDA Margin
-203.03
203.08
img_1807_Next_EBITDA_Box_Difference.svg
Operating Margin
-161.51
-59.81
img_1807_Next_Operating_Margin_Box_Difference.svg
Profitability Prediction % Change
Profitability Prediction Absolute Change
By Region
National Predictions
By Bed Size
Resources and Comments
Bed Size Predictions
As with the national prediction, almost all bed sizes had an anticipated improvement in EBITDA margin over last year actuals, and are expecting to be slightly lower than last month. Small hospitals are the only exception. These hospitals have been experiencing decreasing volumes over the last several months, which highly impact operations. Medium-to-large hospitals expect to see an improvement over last year, with little change from last month.
% Change
Absolute Change
% Change
Absolute Change
By Region
National Predictions
By Bed Size
Resources and Comments
©2018 Kaufman, Hall & Associates, LLC
Interested in more timely data and insight on hospital performance?
Sign up for a free trial today.
Become a subscriber
Submit
Annual subscription
Enterprise subscription
Receive our monthly reports
Your details
scroll_up.svg
kha_logo.svg
National Hospital Flash Report
menu_icon.svg
mail.svg
Share article
You are viewing a complimentary copy of the National Hospital Flash Report.
For continued access to the industry’s most current and thoughtful review of hospital performance, sign up for a free trial today.
close.svg
Sign up now for access to the latest news and reports
SUBMIT