What are the projections for U.S. hospitals’ Medicare margins over the next 10 years? This brief article by a staff specialist at the Healthcare Financial Management Association takes a look at data from the Congressional Budget Office and the Medicare Payment Advisory Commission to address this issue. I especially like the inclusion of payer mix statistics for the two endpoint years. Here they are:
RECENT HOSPITAL PAYER MIX: 2014
- 37.8 percent Commercial
- 35.1 percent Medicare
- 18.2 percent Medicaid
- 5.8 percent Other governmental
- 3.1 percent Self-pay
FUTURE HOSPITAL PAYER MIX: 2024 projections
- 40.0 percent Medicare
- 33.0 percent Commercial
- 18.4 percent Medicaid
- 5.7 percent Other governmental
- 2.9 percent Self-pay
Source: Mulvany, C. (2016, Apr.). Margins under pressure. HFM. Healthcare Financial Management, 70(4), 30-33. Click here: https://www.hfma.org/Content.aspx?id=47230 Posted by AHA Resource Center (312) 422-2050, rc@aha.org
Filed under: Financial management, Insurance, Medicaid, Medicare, Posted by Kim Garber | Tagged: Forecasting hospital trends, Hospital future trends, hospital payer mix |
American Hospital Association Resource Center Blog 