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41% of academic medical center leaders see length of stay as top margin lever

Original title: Financial Rx for health facilities · McKinsey & Company · 3 May 2024

What's behind the 41%?

McKinsey & CompanyView original

Original chart: McKinsey & Company

So what

Facing costs that outpace reimbursement, US academic medical center leaders rank length of stay (41%) and physician productivity (22%) as their biggest untapped margin levers. Classic revenue levers such as payer contracting and organic growth rank far lower. The path to financial sustainability runs through operational flow and clinical productivity, not pricing.

Data sources
McKinsey survey of academic medical center leaders
Authors
Edward Levine; Rupal Malani
Source article
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