DYK: Hospital Expenses, Nothing to Sneeze At
The number of hospitals in the US is large, but the total of expenses incurred by those hospitals is staggering. According to the 2017 edition of the American Hospital Association's Hospital Statistics, there are 4,862 hospitals in the US. Those hospitals, with more than 33,000,000 admissions, incur over $851 million in expenses.* No matter the industry; that's a pretty big opportunity for improvement.
* Fast Facts on Hospitals. www.aha.org. American Hospital Association. Web. October 12, 2017. (These numbers represent registered community hospitals as defined by AHA as non-federal, short-term general, and other specific hospitals and not those inaccessible to the general public or prison hospitals or college infirmaries.)