How is the average hospital dollar spent? Wages and benefits are the largest expense for hospitals – 59% of total costs. According to an AHA analysis of data from the Centers for Medicare & Medicaid Services, here’s how other hospital expenses are allocated [excluding capital costs]:
Source: Chart 6.10: Percent of hospital costs by type of expense, 2012. In: Trendwatch Chartbook 2013. American Hospital Association, Sept. 2013. http://www.aha.org/research/reports/tw/chartbook/2013/chart6-10.pdf
Posted by AHA Resource Center (312) 422-2050, rc@aha.org
Filed under: Benchmarking, Health expenditures, Hospital costs, Posted by Diana Culbertson | Tagged: Hospital budget allocation, hospital budget for prescription drugs, hospital budget for professional fees, hospital budget for professional liability insurance, hospital utilities costs |