S&P: Hospital Index Increases 5%

Over the 12-month span ended January 2012, the Standard & Poor’s Healthcare Economic Hospital Index increased by 5.03 percent, a slight increase from the 4.99 percent pace recorded in December, according to the S&P Healthcare Economic Indices (pdf).

Advertisement

The hospital Medicare annual growth rate increased in January by 1.56 percent, up from 1.48 percent in December. The Hospital Commercial Index slightly decreased from 7.85 percent in December to 7.84 percent in January.

Overall, the S&P Healthcare Economic Composite Index of all healthcare services covered by commercial payors and Medicare increased 5.21 percent in the 12 months ended January 2012, a slight tick down from the 5.3 percent annual growth rate posted in December.

The S&P Healthcare Economic Professional Services Index rose 5.13 percent, while the professional services indices for Medicare and commercial payors increased 3.32 percent and 6.02 percent, respectively.

More Articles on Healthcare Economic Indices:

U.S. Healthcare Costs Up 5% in December 2011

S&P: Average Healthcare Costs Up 5% Over 12 Months

S&P: Healthcare Costs Up 5.73% in 12-Months Ended August 2011

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Download Whitepaper

The cost-saving opportunity most health systems overlook

Many hospitals and health systems scrutinize staffing, service lines, and payer contracts for savings. Fewer look at one of their largest assets: real estate.…

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.