Hospital Spending in 4Q Rises 3.5% From 3Q

Hospital spending intensified in the fourth quarter of 2011, jumping 3.5 percent from the third quarter, according to the U.S. Census Bureau's Quarterly Services Survey (pdf).

Total hospital revenue was $219.9 billion in the fourth quarter compared with $212.4 billion in the third quarter. In the fourth quarter of 2010, hospital revenue totaled $212.3 billion.

Hospital spending in the fourth quarter was the highest it has been in the past year and a half and was the only quarter-over-quarter increase in 2011.

More Articles on Hospital Spending:

Most Hospital Executives Expect Budget Increases This Year

Illinois Hospitals, Health Systems Inject $78.7B Into State Economy

Study: Different Hospital Prices Drive One-Third of Healthcare Spending Variation

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