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Interesting figures regarding hospital costs

By Dennis Tribble posted 02-16-2025 08:59

  

As many of you know, I find Becker's to be an occasional source of interesting information. Today (2/16/2025) was one of those days.

In an article entitled Hospital labor, drug expenses rising: 18 statistics, Supply, Drug and Labor costs were cited nationally and for each of five regions in the United States. These numbers came from the Kaufmann Hall Research Report.

  • Perhaps not surprisingly, costs for all three categories were above the national average for Western states.
  • Perhaps more surprisingly, costs for the Northeast/Mid-Atlantic and Midwest regions were all below the national average

I encourage you to take a look at the report and judge it for yourself. I am struggling to come up with explanations for some of those results.

Dennis A. Tribble, PharmD, FASHP

Retired

Ormond Beach, FL 

tribbledennis@gmail.com

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Jeffrey Chalmers
02-17-2025 13:43

That is interesting Dennis.  Given that a relatively small number of medications (<100 at most organizations) comprise over 75% of the drug expense, and those medications mostly fall into specialty areas such as oncology, rheumatology, dermatology, allergy and others, perhaps there is an unequal distribution of these types of specialty practices between the west and other regions that were reviewed.  It would be surprising to me, but possible I guess.