Becker's Healthcare October 4, 2024
Expenses were relatively flat for nonprofit hospitals in August compared to July, according to Kaufman Hall’s National Hospital Flash Report.
Total expense growth is slowing year over year as well, especially as labor expenses even out. Supply expenses climbed slightly while drug expenses dropped slightly overall.
Here are 36 statistics on hospital expenses based on data from 1,300 hospitals, collected by Syntellis Performance Solutions, part of Strata.
Expenses per calendar day
Total
1. Month over month: 1%
2. Year over year: 7%
3. Year to date 2023 vs. 2024: 6%
Labor
4. Month over month: 0%
5. Year over year: 6%
6. Year to date 2023 vs. 2024: 7%
Non-labor
7. Month over month: 1%
8. Year over year: 6%
9. Year to date 2023 vs....
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