The 2019 General Medical and Surgical Hospitals Market Research Report is an in-depth evaluation of the industry in the United States.
The report is based on extensive and comprehensive business surveys. 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 includes over 100 insightful data sets, such historical and forecasted industry sales, operating expense details, product line breakdown, financial ratios, benchmarks, wages, profitability, organizational analysis, revenue per employee, state statistics, price inflation, consolidation analysis, firm dynamics, pay ranges for different roles, firm size data, employment, and much more.
This industry includes companies 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 companies 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 companies 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 report:
In 2018, industry sales were $1106.9 billion
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Over the past 3 years, the industry has grown at an annual rate of 4.6%
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There are 2,726 companies in the industry
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SALES PER COMPANY
In 2018, the average sales per company was $SALES PER COMPANY
In 2018, the average sales per company was $387.3 million
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INFLATION & PRICING
2019 forecasted inflation is 2.9%
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For unprofitable companies, the average net loss is PROFITABILITY
For unprofitable companies, the average net loss is -9.5%
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Employee productivity is $RIGHTSIZING ANALYSIS
Employee productivity is $199,469
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4.6% of expenses is spent on health insurance
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In 2018, industry operating expenses grew 2.4%
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In 2018, payroll per employee was $63,825
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PAYROLL BY STATE
California averages $102,972 in payroll per employee
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JOB CATEGORIZATION BENCHMARKS
3.6% 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 $19.27
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The above highlights represent a small fraction of what you will find in this report.
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