Healthcare Performance Trends Report: Q1 2024

Market Analysis and Hospital & Patient Volume Benchmarks

Key findings from our Q1 2024 report include:  

  • U.S. hospitals experienced up to a 17.9% shortfall in payment volumes in the first quarter. 
  • Expansion of the Two-Midnight Rule governing how long patients can be kept in outpatient status could affect more than 20% of Medicare Advantage encounters in 2024.  
  • Median hospital operating margins continue to stabilize, with the metric holding above 4.5% throughout the first quarter as hospitals saw an 11th straight month of gross revenue growth. 
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