2022 Hospitals & Health Systems Market Report
Personnel shortages, a decline in hospital mergers and acquisitions, and decreases in patient volume caused the hospital market to begin 2022 with negative operating margins. The 2022 Hospitals & Health Systems Market Report analyzes the major marketing trends impacting the industry, including supply chain disruptions, new technology, workforce shortages, and new rural hospital opportunities. Key insights include:
- Hospital expenses are projected to reach $1.2 trillion in 2022, a 4.5% increase from the previous year.
- Eighty-eight percent of hospitals are increasing base salaries to attract and retain staff.
- The average inpatient length of stay for hospitalization increased 81% in 2021 from 2020.