How Much Health Systems Operating Expenses Increased from January 2022 to July 2023

  1. Lease and Rental Expense: 14.6% increase
  2. Supplies Expense: 17.2% increase
  3. Total Labor Expense: 24.0% increase
  4. Benefit Expense: 27.4% increase
  5. Drugs Expense: 29.8% increase
  6. Professional Fees Expense: 33% increase
  7. Utility Expense: 35.0% increase
  8. Maintenance Expense: 89.8% increase
Notes: Data from more than 135,000 physicians from over 10,000 practices and 139 specialty categories, and from 500+ unique departments across more than 1,300 hospitals nationwide.

Source: Syntellis and the American Hospital Association, "Hospital Vitals: Financial and Operational Trends," November 17, 2023 - https://www.syntellis.com/sites/default/files/2023-11/aha_q2_2023_v2.pdf

All HealthSprocket Lists