Average cost per inpatient admission tops $22K

The U.S. had higher healthcare costs than other countries for inpatient and outpatient services in 2016, according to a study by the Institute for Health Metrics and Evaluation, an independent global health research organization at the University of Washington in Seattle.

The average outpatient visit in the U.S. cost $478 in 2016, and the average inpatient admission cost $22,543, according to the study published in The Lancet Public Health.

"Both of these dollar amounts underscore a common understanding in the health profession: The U.S. exceeds every other nation in total healthcare costs," the IHME said in a press release.

The findings were part of a larger study on funding and services needed for universal health coverage in every country.

Access the full study here.

Access more information about the methodology used for the study here.

More articles on healthcare finance:

Trinity Health gets $86M revenue boost from new hospital
Private equity pushes into healthcare: 9 latest deals
HCA Healthcare, others see stocks fall on ACA ruling

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars