Navigation Links
Hospital Financials Have Recovered to Pre-Recession Levels, According to Thomson Reuters Study
Date:11/9/2009

ANN ARBOR, Mich., Nov. 9 /PRNewswire/ -- The median profit margin of U.S. hospitals increased from near zero in the third quarter of 2008 to more than 8 percent in the second quarter of 2009, according to an analysis of hospital financial performance published today by Thomson Reuters.

The recovery has been broad-based, with all classes of hospitals -- small, medium and large community hospitals, teaching hospitals and major teaching hospitals -- showing positive median margins.

The study tracks two dozen key financial indicators, using proprietary and public data to dissect the balance sheets of more than 400 hospitals nationwide. It evaluates trends in revenue and profit, employment levels, closures, inpatient volume, days cash on hand, and case mix to gauge the fiscal health of the nation's hospitals.

Following are the key findings of the analysis:

  • Total Margins Increase: Median total margins were at 0.37 percent in Q308. In Q209, they reached 8.4 percent.
  • 20 Percent of Hospitals Still in the Red: About 20 percent of hospitals had negative total margins in Q209 -- which is similar to the rate seen before the recession began in late 2007. This is an improvement from Q109 when 30 percent of hospitals were operating with negative margins and Q308, when half of U.S. hospitals were operating in the red.
  • Liquidity Improves Significantly: Allaying fears of a hospital credit crunch, hospitals' median days-cash-on-hand has increased significantly from 90 days in Q109 to 146 days in Q209 -- which is higher than the historic long-term average.
  • Labor Costs Cut by Reducing Length of Stay: While hospitals have maintained a consistent ratio of staffing levels per occupied bed throughout the recession, total labor costs are down approximately 2.25 percent in Q209 .This reduction in labor expense per dischar
    '/>"/>

SOURCE Thomson Reuters
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3

Related medicine news :

1. New research explores newborn in-hospital weight loss
2. NYC-area 1st: Morgan Stanley Childrens Hospital performs transcatheter pulmonary valve replacement
3. Norwalk virus: Cruise ship illness challenging and costly to hospitals, too
4. Glades General Hospital First in Palm Beach County to Provide On-Site Electronic Birth Registration
5. Billy Graham Home After Hospitalization:
6. Alvarado Hospital Files Countersuit Against Blue Shield
7. UHW Announces: Antelope Valley Hospital Caregivers and Board Vote to Ratify First Union Contract With SEIU UHW-West
8. Texas Supreme Court Rules Against Medicare HMOs in Hospital Reimbursement Fight
9. Annual flu shot cuts need for doctors visits, hospitalization among children
10. REACH Registry Highlights That Patients With Peripheral Arterial Disease (PAD) Suffer High Rates of Heart Attack, Stroke, Hospitalization, and Death
11. R. P. Simmons Family Foundation Pledges $2 Million for New Childrens Hospital of Pittsburgh of UPMC Campus
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/20/2014)... The holidays can be anything but joyous for people ... candles and other allergy triggers. "The dust from ... packed away in dank basements or dusty attics is ... Rachna Shah, an affiliate faculty member at Loyola University ... release. Shah, who is also an allergist at ...
(Date:12/20/2014)... 20, 2014 The Doctor’s Office Urgent Care ... better part of a decade. They’ve treated over 40,000 ... faster healthcare alternative to the Paramus area. ... new additions to their staff of top-notch board certified physicians: ... MD. These new doctors will work tirelessly to ...
(Date:12/20/2014)... New York (PRWEB) December 20, 2014 ... continue to move forward in U.S. courts, Bernstein ... study which suggests that children treated with the ... hormone linked to breast development and lactation. The ... at 34 children and adolescents who began treatment ...
(Date:12/20/2014)... 20, 2014 The aftermath of the November ... stir, not only in Hollywood, but worldwide. As ... the ripples of that attack are starting a finger-pointing game ... risk. But they are not the only ones affected, ... in for some embarrassing times ahead, agents and lawyers could ...
(Date:12/20/2014)... 2014 Developers of FCPX ... new plugin for Final Cut Pro X entitled TranSlice ... 5 allows users to create hand drawn text animations ... Austin, CEO of Pixel Film Studios. “TranSlice Volume 5 ... maintaining an easy to use interface.” , TranSlice Volume ...
Breaking Medicine News(10 mins):Health News:Holiday Trimmings Can Trigger Allergies 2Health News:The Doctor's Office Urgent Care Adds 3 New Physicians to Their Growing Medical Team 2Health News:Risperdal Lawsuit News: Bernstein Liebhard LLP Notes Publication of Study Suggesting Medication May Raise Prolactin Levels in Children 2Health News:Risperdal Lawsuit News: Bernstein Liebhard LLP Notes Publication of Study Suggesting Medication May Raise Prolactin Levels in Children 3Health News:Risperdal Lawsuit News: Bernstein Liebhard LLP Notes Publication of Study Suggesting Medication May Raise Prolactin Levels in Children 4Health News:Sony Pictures Hack Perfect Example of the Reach a Single Cyber Attack Can Have 2Health News:Sony Pictures Hack Perfect Example of the Reach a Single Cyber Attack Can Have 3Health News:Sony Pictures Hack Perfect Example of the Reach a Single Cyber Attack Can Have 4Health News:Sony Pictures Hack Perfect Example of the Reach a Single Cyber Attack Can Have 5Health News:Pixel Film Studios released a new transition entitled TranSlice Volume 5 exclusively for Final Cut Pro X 2
... for the marathon continues to improve for both men and ... now about as fast as the record pace for the ... are running more than four times farther at speeds of ... this be? Are humans simply built better or is there ...
... AMERIGROUP Foundation, the,philanthropic arm of AMERIGROUP Corporation, honored ... at a ceremony today at,the University of Maryland ... Vince Ancona presented a,contribution in the amount of ... Breathmobile is a custom-built pediatric asthma and,allergy clinic ...
... HealthSouth,Corporation (NYSE: HLS ) has finalized, ... previously announced purchase of The Rehabilitation,Hospital of ... in,Vineland, NJ, from The Mediplex/Cumberland Rehabilitation Limited,Partnership., ... under the outstanding,leadership of Dr. Francis Bonner, ...
... and often fatal, researchers say, , , THURSDAY, July 31 (HealthDay ... dissection could lead to a rapid diagnostic test for this ... is a tear in the lining of the aorta, the ... of the body. About 2,000 people a year in North ...
... may make women more susceptible to contracting HIV, the virus ... School of Public Health researchers have found. , An analysis ... women from around the world, showed that women with bacterial ... of reproductive age were more likely than others to ...
... Late summer and early fall,are prime seasons for ... Nile Virus and EEE by health departments and ... list of 2008 cases,reported in your area:, http://www.cdc.gov/ncidod/dvbid/westnile/surv&controlCaseCount08_detailed.htm ... action and help your family and pets by,installing ...
Cached Medicine News:Health News:Story ideas for health reporters covering the summer Olympic Games 2Health News:Story ideas for health reporters covering the summer Olympic Games 3Health News:Story ideas for health reporters covering the summer Olympic Games 4Health News:Story ideas for health reporters covering the summer Olympic Games 5Health News:Story ideas for health reporters covering the summer Olympic Games 6Health News:The AMERIGROUP Foundation Honors the University of Maryland Hospital for Children's Breathmobile 2Health News:HealthSouth Finalizes Purchase of New Jersey Rehabilitation Hospital 2Health News:HealthSouth Finalizes Purchase of New Jersey Rehabilitation Hospital 3Health News:Gene Test Could Catch Deadly Heart Problem 2Health News:Gene Test Could Catch Deadly Heart Problem 3Health News:UNC study: Common vaginal infection may increase risk of HIV infection 2Health News:Season for West Nile Virus/EEE Reportings Begin; Mosquito Vacuum Helps Reduce Backyard Mosquito Population 2
(Date:12/19/2014)... Dec. 18, 2014   Aratana Therapeutics, Inc ... company focused on the licensing, development and commercialization ... positive results from its pivotal field study of ... pain in dogs with osteoarthritis.  In the study, ... scores that were statistically significant compared to placebo ...
(Date:12/19/2014)... separating membrane market has witnessed robust development with ... albeit as a later starter. In 2012, the size of ... RMB12 billion, with the proportion worldwide soaring to 16.3%. It ... market will continue its growth rate by around 20% in ... jump to roughly RMB25 billion. An integrated membrane ...
(Date:12/17/2014)... December 17, 2014 Los beneficios ... un alto nivel de gasto en investigación y desarrollo ... (finalizado el 30 de septiembre de 2014) ZEISS aumentó ... millones de euros (año anterior: 4.190 millones de euros) ... Las ganancias (EBIT) crecieron un 14 por ciento, a ...
Breaking Medicine Technology:Aratana Therapeutics Announces Positive Top-Line Results from AT-001 Pivotal Field Study in Client-Owned Dogs with Osteoarthritis 2Aratana Therapeutics Announces Positive Top-Line Results from AT-001 Pivotal Field Study in Client-Owned Dogs with Osteoarthritis 3Aratana Therapeutics Announces Positive Top-Line Results from AT-001 Pivotal Field Study in Client-Owned Dogs with Osteoarthritis 4Aratana Therapeutics Announces Positive Top-Line Results from AT-001 Pivotal Field Study in Client-Owned Dogs with Osteoarthritis 5Separation Membranes Market (Company, Country & Application) Research Reports for Global and Chinese Regions 2Separation Membranes Market (Company, Country & Application) Research Reports for Global and Chinese Regions 3ZEISS confirma su posición en un entorno difícil 2
... ALTO, Calif., Oct. 1 Telik, Inc. (Nasdaq: TELK ... a Phase 1-2a multicenter, dose-ranging study of TELCYTA in combination ... nonsmall cell lung cancer (NSCLC) in a leading peer reviewed ... Vol. 4, No. 10. Data on this study were ...
... , MOUNTAIN VIEW, Calif., Oct. 1 IRIDEX Corporation ... FlexFiber(TM) a laser fiber probe intended for effective delivery ... procedures. Introduced at the 2009 American Academy of ... , this consumable product represents an increase in IRIDEX, ...
Cached Medicine Technology:Telik Announces Publication of Positive Phase 1-2a Results of a Multicenter Study of TELCYTA(R) in Combination With Carboplatin and Paclitaxel in Patients With Advanced Non-Small Cell Lung Cancer 2IRIDEX Introduces New ENT Laser Delivery Devices at AAO-HNSF Annual Meeting 2
Reusable, stainless steel trephine with handle....
Reusable, stainless steel trephine with handle....
Reusable, stainless steel trephine with handle....
Each handle is designed to fit a specific trephine size. For use in performing free-hand uniform donor buttons....
Medicine Products: