Yogi Quotes

Posted on by • Posted in Advice, Leadership, Management, Quotation, Sign of the Times, Thought Leaders, Thought of the Day • Leave a comment

1. When you come to a fork in the road, take it.

2. You can observe a lot by just watching.

3. It ain’t over till it’s over.

4. It’s like déjà vu all over again.

5. No one goes there nowadays, it’s too crowded.

6. Baseball is 90% mental and the other half is physical.

7. A nickel ain’t worth a dime anymore.

8. Always go to other people’s funerals, otherwise they won’t come to yours.

9. We made too many wrong mistakes.

10. Congratulations. I knew the record would stand until it was broken.

11. You better cut the pizza in four pieces because I’m not hungry enough to eat six.

12. You wouldn’t have won if we’d beaten you.

13. I usually take a two-hour nap from one to four.

14. Never answer an anonymous letter.

15. Slump? I ain’t in no slump… I just ain’t hitting.

16. How can you think and hit at the same time?

17. The future ain’t what it used to be.

18. I tell the kids, somebody’s gotta win, somebody’s gotta lose. Just don’t fight about it. Just try to get better.

19. It gets late early out here.

20. If the people don’t want to come out to the ballpark, nobody’s going to stop them.

21. We have deep depth.

22. Pair up in threes.

23. Why buy good luggage, you only use it when you travel.

24. You’ve got to be very careful if you don’t know where you are going, because you might not get there.

National Hospital Flash Report: May 2023

Posted on by • Posted in Bad Debt Expense, Consumer Price Index (CPI), Federal Open Market Committee (FOMC), Health System, Hospital, Hospital Industry, Inflation, Labor Market, Medicaid, Medicaid Redeterminations, Nonoperating Income, Operating Expenses, Operating Income, Operating Margin, Operating Metrics, Operating Performance, Operating Revenue, Utilization Trends • Leave a comment
https://www.kaufmanhall.com/insights/research-report/national-hospital-flash-report-june-2023?utm_source=mkto&utm_campaign=nhfr-report&utm_medium=em&utm_term=june-nhfr-sub-230627&mkt_tok=NjU0LUNOWS0yMjQAAAGMnDGGjpYH9zyA2KwZhd3TO-fx75wKHW21j7eocz_NWrvPx1vAB1H4gnPUVObUbPrBnzQjK8jfwxhcLCnzPgvhYfq1E6bWI3Wtv6cp3Gv2sdZQ

Hospital finances showed signs of stabilizing in May amid slightly improving operating margins, declining expenses and notable increases in outpatient visits.

The median Kaufman Hall Year-To-Date Operating Margin Index reflecting actual margins was 0.3% in May.

The June issue of the National Hospital Flash Report covers these and other key performance metrics.

About the Data


The National Hospital Flash Report uses both actual and budget
data over the last three years, sampled from more than 900 hospitals
on a recurring monthly basis from Syntellis Performance Solutions.


The sample of hospitals for this report is representative of all hospitals in
the United States both geographically and by bed size. Additionally,
hospitals of all types are represented, from large academic to small
critical access. Advanced statistical techniques are used to standardize
data, identify and handle outliers, and ensure statistical soundness prior
to inclusion in the report.


While this report presents data in the aggregate, Syntellis Performance
Solutions also has real-time data down to individual department,
jobcode, paytype, and account levels, which can be customized into peer
groups for unparalleled comparisons to drive operational decisions and
performance improvement initiatives.

Key Takeaways

  1. Hospitals broke even in April.
    The median operating margin for hospitals was 0% in April, leaving most hospitals with little to no
    financial wiggle room.
  2. Volumes dropped while lengths of stay increased.
    Hospital volumes dropped across the board—including inpatient and outpatient. Emergency department
    volumes were the least affected.
  3. Effects of Medicaid disenrollment could be materializing.
    Hospitals experienced increases in bad debt and charity care in April. Combined with anemic patient
    volumes, experts note this data could illustrate the effects of the start of widespread disenrollment from
    Medicaid following the end of the COVID-19 public health emergency.
  4. Inflation continued to throttle hospital finances.
    Labor costs jumped in April and the costs of goods and services continued to be well above pre-pandemic
    levels. Though expenses generally fell in April, revenues declined at a faster rate.

National Non-Operating Results

Key Observations

At their May meeting, the Federal Open Market Committee (FOMC) raised the
benchmark borrowing rate another 25 basis points, setting the range to 5.00-5.25%
and marking the 10th consecutive hike in the cycle as well as a 16-year high

  • Fed officials acknowledged discussion of a potential pause in tightening while
    leaving wiggle room, saying “rates are going to come down” over a long period of
    time while also warning inflation “continues to run high”     and the Fed will be taking
    a “data-dependent approach”
  • The consumer price index (CPI) rose 0.4% in April, a 4.9% increase year-over-year,
    an annual pace of inflation below 5% for the first time in two years
  • The labor market continued to show resilience in April as U.S. nonfarm payrolls
    grew by 253,000 and unemployment fell back to a 53-year low of 3.4%
  • Strong inflation, a robust labor market, continued banking sector woes, and a debt
    ceiling standoff further complicates credit conditions and may challenge
    the Fed to stabilize financial markets
  • Equities in April, as measured by the S&P 500, were up 1.5% in April and
    8.6% YTD despite downbeat economic data, reoccurring banking sector fears,
    and mixed earnings