General Medical and Surgical Hospitals - The 2018 U.S. Market Research Report (Covers 2008-2021)
The 2018 Market Research Report on General Medical and Surgical Hospitals is an in-depth evaluation of the industry and will provide you with the key insights, trends and benchmarks you need to create a broad and comprehensive diagnostic and understanding of the industry and your company.
This report is utilized for a range of strategic purposes, including benchmarking, due diligence, cost cutting, planning, evaluating opportunities, forecasting, streamlining, and gap analysis. The report covers over 100 insightful data sets, such as historical market size and forecasted growth, operating expense details, product line breakdown, financial ratios, benchmarks, wages, profitability, organizational analysis, employee productivity, state statistics, price inflation, consolidation analysis, firm dynamics, pay ranges for different roles, firm size data, employment, and much more.
The core data is generated from the most comprehensive set of surveys filled out by companies in the industry. Our analysts generate the commentary and forecasts based on industry dynamics and the macroeconomic environment.
Just look at the table of contents or download a free sample report to see the broad and in-depth insights, which leaders have come to depend on for their research, strategic and benchmarking needs.
This industry comprises establishments known and licensed as general medical and surgical hospitals primarily engaged in providing diagnostic and medical treatment (both surgical and nonsurgical) to inpatients with any of a wide variety of medical conditions. These establishments maintain inpatient beds and provide patients with food services that meet their nutritional requirements. These hospitals have an organized staff of physicians and other medical staff to provide patient care services. These establishments usually provide other services, such as outpatient services, anatomical pathology services, diagnostic X-ray services, clinical laboratory services, operating room services for a variety of procedures, and pharmacy services.
Below are select highlights from the 2018 Market Research Report on General Medical and Surgical Hospitals:
INDUSTRY SIZE & ATTRACTIVENESS
In 2016, industry sales were $1022.4 billion
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Over the past 3 years, the industry has grown at an annual rate of 5.4%
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There are 2,854 companies in the industry
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SALES PER COMPANY
In 2016, the average sales per company was $358.2 million
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INFLATION & PRICING
2017 estimated inflation is 1.5%
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COMPANY SIZE BENCHMARKS
From 2009 to 2015, the number of companies with 20-99 employees declined -8.2%
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For unprofitable companies, the average net loss is -3.6%
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FINANCIAL RATIO BENCHMARKS
Companies average a Fixed Asset Turnover ratio of 1.2
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Employee productivity is $187,621
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4.8% of expenses are spent on health insurance
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In 2016, industry operating expenses grew 5.1%
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In 2016, payroll per employee was $58,613
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PAYROLL BY STATE
California averages $75,892 in payroll per employee
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JOB CATEGORIZATION BENCHMARKS
3.9% of employees in the industry are in management positions
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JOB CATEGORIZATION PAY RANGES
The average industry hourly pay for office and administrative jobs is $17.67
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The above highlights represent a small fraction of what you will find in this report.
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