Comparative trends in hospital expenses, finances, utilization, and inputs, 1970-81.
Cromwell, Jerry L
Date of Pub
Franklin, Saul; Hewes, Helene T; Kelly, Nancy L
The annual surveys of the American Hospital Association historically have been only national source of statistics on hospital
structure and performance. Although valuable, this source has not provided the policy or research community with hospital-specific
information on revenues, assets, and financial status. Data on these and other variables from heretofore unpublished Medicare
cost report data are presented in this article. Hospital expenses, revenues, profits, indebtedness, utilization, investments,
and employees are trended over the 1970-81 period by urban-rural location, teaching status, and ownership. It is indicated
in these data that a major transformation in the hospital industry has occurred in response to cost-based Medicare-Medicaid
and other factors that made acute care essentially unaffordable to the average citizen. The health maintenance organization
movement and Medicare's prospective payment system are seen as logical reactions to this transformation.
Data Collection : Economics, Hospital/trends : Financial Management, Hospital/trends : Health Expenditures/trends : Hospitals/utilization
: Income : Medicare/economics : Statistics : Support, U.S. Gov't, Non-P.H.S. : United States