About Average Hospital Stay Costs

Join Our Mailing List

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.

###

Hospital costs

Source: www.FaceThe factsUSA.org

Conclusion

Your thoughts and comments on this ME-P are appreciated. Feel free to review our top-left column, and top-right sidebar materials, links, URLs and related websites, too. Then, subscribe to the ME-P. It is fast, free and secure.

Link: http://feeds.feedburner.com/HealthcareFinancialsthePostForcxos

Speaker: If you need a moderator or speaker for an upcoming event, Dr. David E. Marcinko; MBA – Publisher-in-Chief of the Medical Executive-Post – is available for seminar or speaking engagements. Contact: MarcinkoAdvisors@msn.com

OUR OTHER PRINT BOOKS AND RELATED INFORMATION SOURCES:

DICTIONARIES: http://www.springerpub.com/Search/marcinko
PHYSICIANS: www.MedicalBusinessAdvisors.com
PRACTICES: www.BusinessofMedicalPractice.com
HOSPITALS: http://www.crcpress.com/product/isbn/9781466558731
CLINICS: http://www.crcpress.com/product/isbn/9781439879900
BLOG: www.MedicalExecutivePost.com
FINANCE: Financial Planning for Physicians and Advisors
INSURANCE: Risk Management and Insurance Strategies for Physicians and Advisors

Our Newest Textbook Release

Buy from Amazon

Learn How to Profit and Thrive in the PP-ACA Era

BOOK FOREWORD / TESTIMONIAL

About these ads

6 Responses

  1. 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]

  2. 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

  3. 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

  4. 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/

    The ME-P is fair and balanced.

    Dr. David Edward Marcinko MBA

    [Editor-in-Chief]

  5. Percentage of Persons with Health Care Expenses, by Type of Service

    1. Hospital inpatient services – 7%
    2. Office-based medical provider – 72.3%
    3. Prescribed medicines – 62.7%
    4. Hospital outpatient services – 14.1%
    5. Dental services – 40.2%
    6. Emergency room services – 12.4%
    7. Home health care – 2.1%
    8. Other medical services and equipment – 17.4%

    Source: AHRQ

  6. Transparency in Massachusetts

    Massachusetts physicians and hospitals are now required by law to provide cost information for procedures and services to patients who request it.

    http://blog.massmed.org/index.php/2014/01/mass-medical-price-transparency-law-rolls-out-physicians-must-be-able-to-estimate-costs-for-patients/

    The new price transparency regulations became effective for physicians and hospitals on January 1, 2014.

    Hope R. Hetico RN MHA

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: