How supply costs are trending at 18 systems

Becker's Healthcare September 16, 2024
Andrew Cass

On average, supply costs comprise about 10.5% of a hospital’s budget, the American Hospital Association said in its “Cost of Caring” report, citing data from Strata Decision Technology.

Having adequate and up-to-date medical supplies, devices and equipment are necessary for hospitals to deliver high quality care to patients, AHA said, but “most of these items are expensive to acquire and maintain and rely on increasingly volatile global supply chains.”

Here is a look at how supply costs have grown year over year at 18 health systems for the quarter ended June 30:

Note: This is not a comprehensive list. Figures are taken from health systems’ quarterly financial reports.

Allegheny Health Network (Pittsburgh)

Q2 patient care supply...