Health Care: Hospitals: Cost per Patient

The overall consumer's average cost in current U.S. dollars per patient per day and per stay.
The overall consumer's average cost in current U.S. dollars per patient per day and per stay.  

Related "Issue of the Day" Entries

Demand and Money Central to Health Debate
Published Monday, June 29th, 2009

Last week, the President hosted a town hall meeting with TV network ABC called “Prescription for America” in the East Room of the White House. There were 164 people: doctors, businessmen, patients, Republicans, Democrats, and independents. The President stressed access to health care and talked about a Medicare-like system that would allow patients to choose doctors and hospitals. Second, the President stated that nearly a third of what we spend on Health Care is unnecessary and that we should focus on strengthening primary care and coordination between doctors, specialist and patients. Finally, one of the obstacles is the reform’s costs, already projected to run between $1 and 2 trillion over the next 10 years.

Access for all Americans is an issue not just for the 15.3% of the population who are uninsured as of 2007. Access can also mean the number of hospitals, which as of 2006 came to 5756 in 2006, down from 6965 in 1980. Demand has given to a meteoric rise in consumer expenditures for public and private health care, which as of 2007 reached a combined price tag of $2.32 trillion. Averaged cost per patient per stay has increased to $8,793; even without hospital visits the average American annually spends nearly $3,000 on health care expenditures. The group who visits the ER most is the group 15-44 years old; this group is most likely to be uninsured.

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The Final Stimulus Package
Published Friday, February 20th, 2009

This week in Denver, the President signed the $787 billion stimulus package that streaked its way through Congress. The final bill is split into 36% for tax cuts and 64% percent in spending and money for social programs. Overall, it is $38 billion different from the original plan President Obama had introduced earlier in January. Highlights include:

• $787 billion total, $38 billion subtracted from original
• $308 billion in total spending, $142 billion subtracted (Federal Budget)
• $190 billion in Federal Aid for Education, Public Safety, Low-income, Individual and Health Care (Number of U.S. citizens below the poverty level)
• $288 billion in tax relief ($800—down from $1000—tax cuts for families, $400 tax cuts for individuals through social security payroll deductions, Business, Manufacturing, Economy, Infrastructure, Energy and other tax cuts), $13 billion added (Tax as a percentage of GDP)
• $48 billion for infrastructure, $42 billion subtracted (Spending on infrastructure)
• $90 billion Medicaid aid to states, $3 billion added (Public and private expenditures for health care)
• $53.6 billion to aid state in education, $25.4 billion subtracted
(Spending for the Department of Education)
• $44.6 billion for additional school funding to balance education budgets, prevent cutbacks and modernize schools, $3.6 billion added (Average finances by school district size and Higher education spending)
• $45 billion to encourage renewable energy production, $9 billion subtracted
(Non-Renewable v. Renewable)
• $18.6 billion for health care technology incentives and research for effective treatments, $5.4 billion subtracted (Cost per patient per day and per stay)
• $16 billion for Science/technology, equal (Research funds for science and technology)
• $15.6 billion to increase Pell Grants by $500, $0.6 billion added
(Rising tuition)

Of course, this is just the combined highlights; the Stimulus and Recovery Act is well over 1,000 pages long.  The administration, in an effort to become more tranparent, has set up a site in which anyone can track how and where the money is being spent:

Posted in Budget, Economics, Education, Energy, Healthcare, Poverty, Research, Taxes, Transportation | No Comments »

The Stimulus Package, Before the Politicking
Published Thursday, January 29th, 2009

Last night, the US House of Representatives passed its version of President Obama’s Stimulus package.  The original package-as of January 15th-before the House debated and changed the bill, contained the following provisions:

• $825 billion total
• $550 billion in new spending. (Federal Budget)
• $275 billion in tax relief ($1,000 tax cut for families, $500 tax cut for individuals through SS payroll deductions). (Tax as a percentage of GDP)
• $ 90 billion for infrastructure (Spending on infrastructure)
• $ 87 billion Medicaid aid to states. (Numbers of enrollees)
• $ 79 billion school districts/public colleges to prevent cutbacks. (Average finances by school district size)
$ 41 billion for additional school funding ($14 billion for school modernizations and repairs, $13 billion for Title I, $13 billion for IDEA special education funding, $1 billion for education technology) (Spending for the Department of Education)
$ 54 billion to encourage energy production from renewable sources (Non-Renewable v. Renewable)
• $ 24 billion for “health information technology to prevent medical mistakes, provide better care to patients and introduce cost-saving efficiencies” and “to provide for preventative care and to evaluate the most effective health care treatments.” (Cost
per patient per day and per stay)
• $ 16 billion for science/technology ($10 billion for science facilities, research, and instrumentation; $6 billion to expand broadband to rural areas). (Research funds for science and technology)
• $ 15 billion to increase Pell grants by $500 (Rising tuition)
• $ 6 billion for “higher education modernization.” (Higher education Spending)

Posted in Budget, Education, Energy, Healthcare, Research, Taxes, Transportation | No Comments »

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