Between January and July 2020, aggregate hospital margins in the United States were 96% lower than the same period in 2019, according to an analysis by Kauffman Hall. After factoring in federal Provider Relief Fund payments from the Coronavirus Aid, Relief, and Economic Security (CARES) Act, hospital operating margins were down 28% compared to the same period in 2019. Bad debt and charity care were down by 6% year-over-year. The report also compared month-to-month change in operating margins from June to July 2020. That analysis found a 24% improvement in some volume measures. Discharges rose by . . .