While healthcare revenues have increased, so have overall expenses, according to the latest Kaufman Hall "National Hospital Flash Report."
Labor expenses, at least on a volume-adjusted basis, however, declined with lower numbers of contract labor nursing, a scenario that may reflect "overall financial stability," the August report said.
Here are 48 statistics to show trends in overall healthcare and labor expenses:
National
Total expense per calendar day
August 2023 vs. July 2023: 4 percent
August 2023 vs. August 2022: 4 percent
YTD 2023 vs. YTD 2022: 3 percent
YTD 2023 vs. YTD 2020: 21 percent
Labor expense per adjusted discharge
August 2023 vs. July 2023: -8 percent
August 2023 vs. August 2022: -4 percent
YTD 2023 vs. YTD 2022: -7 percent
YTD 2023 vs. YTD 2020: 1 percent
West
Total expense per calendar day
August 2023 vs. July 2023: 3 percent
August 2023 vs. August 2022: 5 percent
YTD 2023 vs. YTD 2022: 3 percent
YTD 2023 vs. YTD 2020: 25 percent
Labor expense per adjusted discharge
August 2023 vs. July 2023: -10 percent
August 2023 vs. August 2022: -3 percent
YTD 2023 vs. YTD 2022: -6 percent
YTD 2023 vs. YTD 2020: 8 percent
Midwest
Total expense per calendar day
August 2023 vs. July 2023: 3 percent
August 2023 vs. August 2022: 2 percent
YTD 2023 vs. YTD 2022: 3 percent
YTD 2023 vs. YTD 2020: 15 percent
Labor expense per adjusted discharge
August 2023 vs. July 2023: -10 percent
August 2023 vs. August 2022: -7 percent
YTD 2023 vs. YTD 2022: -9 percent
YTD 2023 vs. YTD 2020: -3 percent
South
Total expense per calendar day
August 2023 vs. July 2023: 6 percent
August 2023 vs. August 2022: 4 percent
YTD 2023 vs. YTD 2022: 4 percent
YTD 2023 vs. YTD 2020: 26 percent
Labor expense per adjusted discharge
August 2023 vs. July 2023: -7 percent
August 2023 vs. August 2022: -6 percent
YTD 2023 vs. YTD 2022: -10 percent
YTD 2023 vs. YTD 2020: -5 percent
Northeast/Mid-Atlantic
Total expense per calendar day
August 2023 vs. July 2023: 2 percent
August 2023 vs. August 2022: 5 percent
YTD 2023 vs. YTD 2022: 4 percent
YTD 2023 vs. YTD 2020: 20 percent
Labor expense per adjusted discharge
August 2023 vs. July 2023: -8 percent
August 2023 vs. August 2022: -1 percent
YTD 2023 vs. YTD 2022: -5 percent
YTD 2023 vs. YTD 2020: -11 percent
Great Plains
Total expense per calendar day
August 2023 vs. July 2023: 5 percent
August 2023 vs. August 2022: 7 percent
YTD 2023 vs. YTD 2022: 5 percent
YTD 2023 vs. YTD 2020: 21 percent
Labor expense per adjusted discharge
August 2023 vs. July 2023: -11 percent
August 2023 vs. August 2022: -1 percent
YTD 2023 vs. YTD 2022: -3 percent
YTD 2023 vs. YTD 2020: 1 percent