Hospital and Health System Financial Performance


Most Recent Data

Acute Hospital Total Margins

Acute Hospital Total Margins as of March 31, 2017

(Click to enlarge)

CHIA has long collected and reported on the annual and quarterly financial data from acute care hospitals. Starting this quarter, CHIA will include data on hospital health systems (HHS).  As hospitals and hospital health systems are evolving and expanding, CHIA has embarked on an initiative to collect quarterly financial data from hospital health systems on a voluntary basis. Data submissions received from the HHS help develop a more complete understanding of the financial performance of an acute hospital in the context of the larger health system within which it operates. The quarterly reports are cumulative through a point in time and the number of months of data varies depending on each hospital’s fiscal year end.  They provide updates on the profitability, liquidity, and solvency of acute care hospitals and hospital health systems. Acute care hospital financial performance for the current period is compared to the same point in time in the prior year. Performance is measured against a hospital cohort, as well as to the statewide performance.

Acute hospitals are grouped into the following cohorts: Academic Medical Centers (AMCs), teaching hospitals, community hospitals, and community-High Public Payer Hospitals (HPP). Specialty hospitals are not considered a cohort but are included in the statewide medians. The databooks contain all of the variables that hospitals and parent systems filed.

The Acute Hospital Financial Performance Trends are hospital-specific and contain five year trend information on certain profitability, liquidity, and solvency metrics. For additional information, see technical resources.

Key Findings from the Quarterly Acute Hospital and System Data Through March 31, 2017

  • Out of the 14 parent systems that participated in the voluntary filings, 12 reported a profit. The two systems that reported a loss were affiliated with an acute hospital that reported a profit.

  • Hospital health systems reported sufficient measures of solvency and liquidity.

  • For acute hospitals, the median profit margin this quarter was 3.9%, a modest improvement from the same quarter in 2016.

  • Five hospitals reported a current ratio measure below 1.0.

  • Four hospitals reported negative net assets in the current period.



Acute Hospital Financial Performance Reports

TypeReportRelease DateDatabook

FY17 Quarterly Updates

Released 6/29/2017
Link to data
Released 3/30/2017
Link to data
 
FY16 Quarterly Updates

 

Data Through 9/30/2016
Released 12/27/2016
Link to data
Data Through 6/30/2016
Released 9/28/2016
Updated 10/17/2016
Link to data
Data Through 3/31/2016
Released 6/29/2016
Link to data
 
FY15 Annual Report
Released 8/25/2016
Link to data
FY15 Individual Hospital
Trend Analysis
(Formerly Hospital Fact Sheets)
Released 8/29/2016
-
FY15 Preliminary Findings
(51 of 61 hospitals infographic)
Released 4/15/2016
Link to data
(Updated 4/20/2016)

FY15 Quarterly Updates

Released 3/2016
Link to data
Released 12/2015
Link to data
Released 9/2015
Link to data
Released 6/2015
Link to data
 

FY14 Annual Report

Released 8/2015
Link to data
HFY14 Trend Analysis
(Formerly Hospital Fact Sheets)
Released 8/2015
-

FY14 Quarterly Updates

Released 3/2015
Link to data
Data through 9/30/2014
Released 12/2014
Link to data
Released 9/2014
Link to data
Released 6/2014
Link to data
 

FY13 Annual Report

Released 5/2014
Link to data

FY13 Quarterly Updates

Data through 12/31/2013
Released 4/2014
Link to data
Data through 9/30/2013
Released 4/2014
Link to data
Data through 6/30/2013
Released 6/2014
Link to data
Data through 3/31/2013
Released 8/2013
Link to data
 


 Technical Resources