Trends in total hospital financial performance under the prospective payment system.
In this article, the author examines trends in determinants of total hospital facility revenues, expenses, and net profits during the period 1977-89. Measures of change in transaction prices are developed, which enable an analysis of trends in real hospital outputs and total factor productivity. The main source of hospital spending growth in excess of the gross national product is identified as growth in hospital employee compensation.
Fisher
C R
CR
Office of the Actuary, Health Care Financing Administration.
D002201:Capital Expenditures / Q000706:statistics & numerical data; D003625:Data Collection; D004469:Economics, Hospital / Q000706:statistics & numerical data / Q000639:trends*; D005377:Financial Management, Hospital / Q000639:trends; D006760:Hospitalization / Q000706:statistics & numerical data; D007182:Income / Q000706:statistics & numerical data*; D006278:Medicare / Q000191:economics; D010561:Personnel Staffing and Scheduling / Q000191:economics / Q000706:statistics & numerical data; D011445:Prospective Payment System / Q000706:statistics & numerical data*; D012456:Salaries and Fringe Benefits / Q000706:statistics & numerical data / Q000639:trends; D014481:United States