About $33,079 … plus gratuity?
The cost of the average American hospital stay nearly doubled from 2000 to 2010 while average stay length declined. The decade was a period of low inflation, but some sectors of the economy didn’t get the memo. Charges for a hospitalization soared from an average $17,390 in 2000 to $33,079 in 2010.
Link: http://www.BusinessofMedicalPractice.com
The USA
In the U.S. we spend almost three times as much on a hospital stay as other industrialized countries, even though their average stay tends to be longer.
###
Source: www.FaceThe factsUSA.org
Conclusion
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Filed under: iMBA, Inc. Tagged: | Average Hospital Stay Costs
In 2011, U.S. Healthcare Spending Growth Stayed at Slowest Rate in 52 Years
For a third year in a row, U.S. healthcare spending in 2011 grew at its lowest rate in the 52 years that federal officials have tracked the figure, according to annual statistics from CMS’ Office of the Actuary.
The year 2011 marked the third consecutive year that healthcare spending grew at a rate of 3.9%, while healthcare as a share of gross domestic product remained at 17.9% from 2009 through 2011. The statistics came from the National Health Expenditure Accounts, which have been published for 52 years. Analysts noted that the high unemployment, loss of private insurance, and a decrease in the amount of resources paid for healthcare resulting from the economic recession between December 2007 and June 2009 led to historically low healthcare spending growth between 2009 and 2011.
Jessica Zigmond, Modern Healthcare [1/7/13]
Costs of ER visits vary in USA
Urinary tract infections, kidney stones most expensive among top 10 outpatient conditions.
http://healthyliving.msn.com/health-wellness/costs-of-er-visits-vary-in-us-study-finds-1
Barbara
Hospitals profit from surgical errors, study finds
Hospitals make money from their own mistakes because insurers pay them for the longer stays and extra care that patients need to treat surgical complications that could have been prevented.
http://www.nbcnews.com/id/51568932/ns/health-health_care/?ocid=msnhp&pos=4
So, what else is new?
Judy
Judy – Another Opinion
Why Surgical Complications May Actually Hurt Profits Despite What You’ve Just Read Above
An essay by Eli Perencevich, MD.
http://thehealthcareblog.com/blog/2013/04/17/why-surgical-complications-may-actually-hurt-profits-despite-what-youve-just-read/
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Dr. David Edward Marcinko MBA
Hospitals & Healthcare Organizations: Management Strategies, Operational Techniques, Tools, Templates and Case Studies
[Editor-in-Chief]