slide1 n.
Download
Skip this Video
Loading SlideShow in 5 Seconds..
Chapter 6: The Economic Contribution of Hospitals PowerPoint Presentation
Download Presentation
Chapter 6: The Economic Contribution of Hospitals

Loading in 2 Seconds...

play fullscreen
1 / 10

Chapter 6: The Economic Contribution of Hospitals - PowerPoint PPT Presentation


  • 132 Views
  • Uploaded on

Chapter 6: The Economic Contribution of Hospitals. Chart 6.1: National Expenditures on Health Services and Supplies as a Percentage of Gross Domestic Product and Breakdown of National Expenditures on Health Services and Supplies 2002. $1.5 Trillion. U.S. GDP 2002. Hospital Care – 33%.

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'Chapter 6: The Economic Contribution of Hospitals' - aolani


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
slide1

Chapter 6:

The Economic Contribution of Hospitals

slide3

Chart 6.1:National Expenditures on Health Services and Supplies as a Percentage of Gross Domestic Product and Breakdown of National Expenditures on Health Services and Supplies

2002

$1.5 Trillion

U.S. GDP 2002

Hospital Care – 33%

Physician Services – 23%

HealthServices and Supplies

14.3%

Other Sectors

85.7%

Nursing Home Care – 7%

Prescription Drugs – 11%

Other – 26%

Source: Centers for Medicare and Medicaid Services, Office of the Actuary, National Health Statistics Group

Chart 6.2:Number of Full Time and Part Time Hospital Employees

1992 - 2002

Thousands

Source: The Lewin Group analysis of American Hospital Association Annual Survey data, 1992 – 2002, for community hospitals

59

slide4

4,500

4,000

3,500

3,000

2,500

2,000

1,500

1,000

500

0

Chart 6.3:Impact of Community Hospitals onU.S. Economy (in $ billions),2002

Ripple Effect

Total Contribution

Direct Effect

Source: The Lewin Group, using BEA RIMS-II multipliers applied to 2002 American Hospital Association Annual Survey data

Chart 6.4:Hospital Employment vs. Employment in Other Industries (in thousands)2003

In Thousands

Grocerystores

Offices ofphysicians

Buildingequipmentcontractors

Full-servicerestaurants

Generalmedical &surgicalhospitals

Limited-service

eatingplaces

Employmentservices

Departmentstores

Source: Department of Labor, Bureau of Labor Statistics, Current Employment Statistics Survey, custom data request

60

slide5

Chart 6.5:Average Weekly Earnings, Hospitals(1) vs. All Service-Providing Industries

1990 - 2002

Hospitals

All Service-ProvidingIndustries

Source: Department of Labor, Bureau of Labor Statistics, Current Employment Statistics Survey

(1)Includes physicians employed by hospitals.

Chart 6.6:Hospital Employment by Occupation Type

2002

Healthcare Practitioner andTechnical

2,598.9

Office and Administrative Support

783.7

661.1

Healthcare Support

271.2

Other Occupations

Building and Grounds Cleaning and Maintenance

199.1

186.8

Management

153.9

Food Preparation and Serving

120.7

Community and Social Services

Business and FinancialOperations

85.0

Installation, Maintenance, and Repair

52.6

0

500

1,000

1,500

2,000

2,500

3,000

Number of Employees (in thousands)

Source: Department of Labor, Bureau of Labor Statistics, 2002 National Industry-Specific Occupational Employment and Wage Estimates

61

slide6

All Industries (Total nonfarm)

Hospitals

Chart 6.7:Percent Change in Employment, Seasonally-Adjusted: Hospital vs. All Industries

2001 – 2003

Source: Department of Labor, Bureau of Labor Statistics; Recession period defined by National Bureau of Economic Research

(1) Recession period defined as March 2001 – November 2001 by National Bureau of Economic Research

Chart 6.8:Percent of Total Regional Employment(1) by Hospitals

2002

Source: The Lewin Group analysis of American Hospital Association 2002 Annual Survey data and 2002 total nonfarm employment data from the Bureau of Labor Statistics

(1) Does not include farm employment.

62

slide7

Chart 6.9:Hospital Ranking Among Employers in Rural Communities

2003

Source: American Hospital Association Survey of Rural Hospitals, October 2003

Chart 6.10:Impact of Community Hospitals on U.S. Jobs (in millions)2002

Source: The Lewin Group, using BEA RIMS-II multipliers applied to 2002 American Hospital Association Annual Survey data

63

slide8

Chart 6.11:Percent of Hospital Costs(1) by Type of Expense

4Q03

Other Products(e.g., Food, Medical Instruments)

Professional Fees - 5.4%

Prescription Drugs

Utilities – 1.3%

12.2%

Professional LiabilityInsurance – 0.8%

6.2%

Telephone – 0.3%

Other Services

Postage – 0.8%

Wages & Benefits

63.3%

18.4%

All Other: Labor Intensive – 5.5%

All Other: Non-Labor Intensive – 4.2%

Source: Centers for Medicare and Medicaid Services, 2003

(1)Does not include capital.

64

slide9

Industry

Economic Impact

Health Services $476.7

Finance, Insurance, and Real Estate 174.2

Business Services 112.6

Wholesale and Retail Trade 95.2

Other Services 88.4

Other Manufacturing 58.5

Chemicals & Allied Products and Petroleum & Coal Products 53.8

Transportation 35.5

Food products 32.3

Communications 26.4

Utilities 22.5

Construction 17.2

Farm Products & Agricultural, Forestry, and Fishing Services 16.6

Printing and Publishing 15.1

Paper and Allied Products 12.0

Mining 8.3

Electronic and Other Electric Equipment 6.9

Industrial Machinery and Equipment 5.4

Lumber & Wood Products and Furniture & Fixtures 5.0

Apparel and Other Textile Products 4.5

Forestry and Fishing Products 0.5

Total $1,267.5

Chart 6.12:Hospital Impact on Sectors of the U.S. Economy (in $ billions)

2002

Source: The Lewin Group analysis of American Hospital Association 2002 Annual Survey data using BEA industry multipliers for the hospital sector.

65

slide10

Chart 6.13:Impact of Community Hospitals on U.S. Economy, All States and Total U.S., 2002

Source: The Lewin Group using BEA RIMS-II multipliers for hospital SIC Code 806 applied to American Hospital Association Annual Survey data for 2002. Expenditures are defined as net patient revenues and other operating revenues. Hospital jobs are total part time and full time jobs. Hospital labor income is defined as payroll plus benefits. The percent of total employment supported by direct and indirect hospital employment is based on BLS data.

(1) Expenditures are defined as net patient revenue + other operating revenue.

66