Massachusetts FY 2017 Annual Acute Hospital and Health System Financial Performance Report


DATE : August 01, 2018

The Center for Health Information and Analysis (CHIA) is excited to announce the release of Massachusetts Acute Hospital and Health System Financial Performance for Fiscal Year 2017

The report presents data for the most recently completed full fiscal year available and analyses of financial performance using five metrics: total margin, operating margin, current ratio, average payment period, and equity financing. It also includes a comparison of the performance of four hospital cohorts (Academic Medical Centers, teaching, community, and community-High Public Payer) on each metric over a four-year period, Fiscal Years 2014 through 2017.

Key Findings:
  • The acute hospital statewide median total margin was 3.2%, which is a 0.1 percentage point increase between FY 2016 and FY 2017.
     
  • In 2017, the majority of hospital health systems and hospitals reported a positive total margin.
     
  • Acute hospitals tended to have greater margins than their associated parent systems.
     
  • Most hospital health system-affiliated physicians reported a financial loss in FY 2017.
Along with this report, CHIA has also released five-year trend analyses for each acute hospital, profiles of multi acute hospital health systems, as well as the databook used to calculate these metrics. This report is also accompanied by a technical appendix.

 

To access Massachusetts Acute Hospital and Health System Financial Performance: Fiscal Year 2017 and other hospital-related analysis, visit www.chiamass.gov/massachusetts-hospitals/.

 

See CHIA's Research on Hospital Financials in Massachusetts