Hospital Research Call
Just spoke with a hospital CEO through Stream Research Group.
He thinks total hospital wages are up 10% – 15% and payroll is about 40% – 60% of expenses.
Hospitals are only getting 2% price increases so margins are compressed or turning negative
System is going towards a few large chains, higher costs, and longer wait times.
States are going to have to allow anti-trust exceptions or watch large numbers of small hospitals go out of business.
 

Leave a Comment

Recent Blogs

Fed Holds Firm – Plus, Higher for Longer

This piece was originally published on September 20th, 2023. The Federal Reserve completed their September meeting and as expected, kept the fed funds rate unchanged. The “surprise” was in...

Read More