Hospital Financial Performance


Most Recent
Annual Data

About the Acute Hospital Performance Reports and Accompanying Data

Massachusetts Acute Hospital Financial Performance:
Data through September 30, 2016

CHIA collects and reports on annual and quarterly financial data from acute care hospitals. The annual report contains analyses on twelve months of data for all hospitals. The quarterly reports are cumulative through a point in time and the number of months of data varies depending on each hospitals fiscal year end.

Both annual and quarterly reports provide an update on the profitability, liquidity, and solvency of acute care hospitals. 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-Disproportionate Share Hospitals (DSH). Specialty hospitals are not considered a cohort but are included in the statewide medians.

The databooks contain all of the variables that hospitals are required to file.

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 Fiscal Year 2015 Report

  • Profitability declined for acute hospitals statewide in FY 2015 relative to FY 2014. The majority of hospitals remained profitable; however; 80%, or 52 acute hospitals, reported positive total margins in FY 2015.

  • Overall liquidity, as measured by the current ratio, days in accounts receivable, and average payment period, remained consistent with FY 2014.

  • Solvency trends for FY 2015 were mixed. Statewide median cash flow and debt service coverage increased slightly, while the median equity financing ratio decreased statewide.

    TMM cohort


    Acute Hospital Financial Performance Reports

TypeReportRelease DateDatabook
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
 

FY12 Annual Report

Released 5/2013
-


 Technical Resources