Fact Based List:
How Much Health Systems Operating Expenses Increased from January 2022 to July 2023
Submitted by Charlene Ice on Wed, 11/29/2023 - 16:25
- Lease and Rental Expense: 14.6% increase
- Supplies Expense: 17.2% increase
- Total Labor Expense: 24.0% increase
- Benefit Expense: 27.4% increase
- Drugs Expense: 29.8% increase
- Professional Fees Expense: 33% increase
- Utility Expense: 35.0% increase
- Maintenance Expense: 89.8% increase
Notes: Data from more than 135,000 physicians from over 10,000 practices and 139 specialty categories, and from 500+ unique departments across more than 1,300 hospitals nationwide.
Source: Syntellis and the American Hospital Association, "Hospital Vitals: Financial and Operational Trends," November 17, 2023
Source URL: https://www.syntellis.com/sites/default/files/2023-11/aha_q2...
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