Table 1 Health Insurance Status, Hospital Revenues, Costs, and Profit Margins
Cardiology Activation Routine Transfer October 1, 2004–August 31, 2005 (N = 60) | ED Activation Immediate Transfer September 1, 2005–June 26, 2006 (N = 86) | ||||
|---|---|---|---|---|---|
N | N | P Value | |||
Health Insurance | 60 | 86 | |||
Private | 28 (46.7) | 48 (55.8) | 0.51 | ||
Medicare | 21 (35) | 29 (33.7) | |||
Medicaid | 3 (5) | 3 (3.5) | |||
Self Pay | 8 (13.3) | 6 (7) | |||
Primary Analysis: All Patients, Except Self Pay | 52 | 80 | |||
Hospital Charges | $70,430 ± $74,033 | $53,514 ± $23,378 | 0.059 | ||
Hospital Revenue | $35,043 ± $36,670 | $25,329 ± $16,185 | 0.039 | ||
Total Hospital Costs | $28,082 ± $31,453 | $18,195 ± $9,242 | 0.009 | ||
Direct Costs | $20,533 ± $23,405 | $12,862 ± $6,797 | 0.007 | ||
Cath Lab | $6,755 ± $3,727 | $5,422 ± $2,026 | 0.009 | ||
Inpatient Nursing | $5,664 ± $9,302 | $3,706 ± $2,783 | 0.079 | ||
Surgery | $3,269 ± $10,886 | $401 ± $1,872 | 0.023 | ||
Pharmacy | $2,501 ± $2,805 | $1,842 ± $1,972 | 0.115 | ||
Respiratory | $669 ± $1,819 | $279 ± $965 | 0.111 | ||
Lab | $471 ± $783 | $198 ± $165 | 0.003 | ||
Emergency Room | $421 ± $137 | $514 ± $140 | <0.001 | ||
Cardiology | $235 ± $396 | $265 ± $160 | 0.553 | ||
Imaging | $205 ± $361 | $92 ± $165 | 0.015 | ||
Supplies | $213 ± $337 | $131 ± $210 | 0.088 | ||
Other | $128 ± $320 | $12 ± $54 | 0.002 | ||
Indirect Costs | $7,549 ± $8,069 | $5,333 ± $2,565 | 0.024 | ||
Contribution Margin | $14,511 ± $19,288 | $12,467 ± $14,440 | 0.488 | ||
Net Income | $6,962 ± $16,818 | $7,134 ± $14,451 | 0.95 | ||
Private Insurance | 28 | 48 | |||
Hospital Charges | $71,248 ± $50,121 | $52,564 ± $26,917 | 0.038 | ||
Hospital Revenue | $46,500 ± $38,640 | $33,005 ± $16,839 | 0.038 | ||
Total Hospital Costs | $29,994 ± $30,970 | $17,462 ± $10,059 | 0.012 | ||
Direct Costs | $21,904 ± $22,709 | $12,387 ± $7,406 | 0.009 | ||
Indirect Costs | $8,090 ± $8,274 | $5,075 ± $2,769 | 0.023 | ||
Contribution Margin | $24,596 ± $20,316 | $20,618 ± $12,668 | 0.296 | ||
Net Income | $16,505 ± $16,403 | $15,543 ± $11,638 | 0.766 | ||
Medicare/Medicaid | 24 | 32 | |||
Hospital Charges | $69,475 ± $95,930 | $54,939 ± $17,053 | 0.403 | ||
Hospital Revenue | $21,677 ± $29,711 | $13,814 ± $3,095 | 0.142 | ||
Total Hospital Costs | $25,850 ± $32,529 | $19,294 ± $7,884 | 0.276 | ||
Direct Costs | $18,933 ± $24,583 | $13,575 ± $5,806 | 0.238 | ||
Indirect Costs | $6,917 ± $7,951 | $5,719 ± $2,211 | 0.419 | ||
Contribution Margin | $2,745 ± $8,493 | $239 ± $5,553 | 0.188 | ||
Net Income | $-4,173 ± $8,430 | $-5,479 ± $7,286 | 0.537 |