ucodegen, one other factor I can think of for the cost difference is room occupancy. Hospital are usually not at 100% room occupancy most of the time. There are fixed cost that they still have to pay regardless of how full they are
50% occupancy will only double the cost, 33% occupancy multiplies the cost by 3.. to get a 10x multiplier, you need the occupancy at 10%… cost increase will be the inverse of occupancy because same costs spread over fewer people.. the result being that the greater costs are still not explained. When my mother went to Glendale Adventists, occupancy was about 80%. Almost all the rooms had at least one if not two people in them. True, you have to keep nurses staffed up, but there still is a problem because the ratio difference can support almost 13 full time RNs dedicated to one individual.
I know someone who works at a non-profit hospital and yet, their budget is also very tight. So, it’s not as lucrative as you think it is.
Not for the RNs, technicians etc working within.. but Glendale Adventists(a non profit) has similar room costs to a for-profit.. I think the money is going elsewhere than to the RNs, technicians.. etc. I know that companies portray the budget as tight even when it may not be. The company I was laid off from declared a greater profit the next quarter (except for one-time costs). There is really a big difference between what the budget is and what amount of money may really be available.
Maybe a publicly traded hospital might have their cost structure for you to see in their earning report.
It is not broken out to the detail I need.. I would want the detail that a Corporate or Tax auditor would want… show me the receipts.. 😎
