A More Detailed Understanding Of Factors Associated With Hospital Profitability (original) (raw)

2016, Health affairs (Project Hope)

To identify the characteristics of the most profitable US hospitals, we examined the profitability of acute care hospitals in fiscal year 2013, measured as net income from patient care services per adjusted discharge. Based on Medicare Cost Reports and Final Rule Data, the median hospital lost 82foreachsuchdischarge.Forty−fivepercentofhospitalswereprofitable,with2.5percentearningmorethan82 for each such discharge. Forty-five percent of hospitals were profitable, with 2.5 percent earning more than 82foreachsuchdischarge.Forty−fivepercentofhospitalswereprofitable,with2.5percentearningmorethan2,475 per adjusted discharge. The ten most profitable hospitals, seven of which were nonprofit, each earned more than $163 million in total profits from patient care services. Hospitals with for-profit status, higher markups, system affiliation, or regional power, as well as those located in states with price regulation, tended to be more profitable than other hospitals. Hospitals that treated a higher proportion of Medicare patients, had higher expenditures per adjusted discharge, were located in counties with a high proportion of uninsured patients, or were located in states with...

Sign up for access to the world's latest research.

checkGet notified about relevant papers

checkSave papers to use in your research

checkJoin the discussion with peers

checkTrack your impact