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Related Experiment Videos

Expense, utilization data show containment working

C F Cohen, H J Bachofer

    Hospitals
    |January 1, 1980
    PubMed
    Summary
    This summary is machine-generated.

    Hospital expenses saw a 12.7% rise in September 1979, yet showed the slowest growth since March 2023. This indicates successful cost-containment efforts amid economic inflation and increased service utilization.

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    Area of Science:

    • Health Economics
    • Hospital Administration

    Background:

    • Rising healthcare costs are a significant concern.
    • Inflationary pressures and increased service utilization impact hospital finances.

    Purpose of the Study:

    • To analyze hospital expense trends in September 1979.
    • To evaluate the effectiveness of cost-containment strategies in hospitals.

    Main Methods:

    • Comparative analysis of monthly and year-to-date hospital expense increases.
    • Year-over-year percentage change calculations for September 1979 versus September 1978.

    Main Results:

    • Total hospital expenses increased by 12.7% in September 1979 compared to September 1978.
    • The year-to-date increase reached 13.1% by September 1979.

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  • September 1979 exhibited the lowest monthly expense growth rate since March 1979.

    • Conclusions:

    • Hospital management efforts to control labor and supply costs appear to be yielding positive results.
    • Despite ongoing economic pressures, a slowdown in expense growth was observed.
    • Continued monitoring of cost-containment strategies is crucial for financial stability.