More Growth, More Margin: The Most Read 2024 OPEN MINDS Management Newsletter Articles

“You can’t cut your way to prosperity.”;The much-used business adage creates challenges for executive teams in a time of shrinking margins.;Essentially, margin improvement and financial sustainability are often only possible with a growing top line.

This adage came to life in the recent report of hospital financial performance, 2025 Outlook: Hospital Finances Show Signs Of Stability, But Rising Costs Will Be A Major Headwind.;In October 2024, the mean operating margin for hospitals was 4.4%, up from 2.5% in November 2023 and 2.7% in December 2023 (see;National Hospital . . .