Hospital costs

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plannerman
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Hospital costs

Post by plannerman »

My DW was recently hospitalized for a couple of days. While I was visiting her there, I noticed the hospital had publically posted their results. One of their measurements was ytd expenses vs budget. YTD expenses were about $60m.

This is a small, 36-bed, modern, voluntary surgical hospital--mostly joint replacements--4 operating rooms, no ER no ICU.

I couldn't help but crunch some numbers. $50m ytd is about $400k per day, or assuming 100% utilization over $11k/ bed/day.
At best, they have maybe 70-80% utilization so they need to net about $16k/bed/day just to break even.

Eye opening to say the least.

plannerman
desiderium
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Re: Hospital costs

Post by desiderium »

The costs are not in the beds, but in the surgeries. For joint replacement, the joints themselves can account for a significant chunk of the expense of a hospitalization.
YttriumNitrate
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Re: Hospital costs

Post by YttriumNitrate »

$45 to $75 thousand for a knee replacement in the United States...
http://www.kneereplacementcost.com/

Seems to be a lot of room for savings with medical tourism for elective surgeries.
Erwin007
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Re: Hospital costs

Post by Erwin007 »

In before lock...
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Re: Hospital costs

Post by LadyGeek »

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