How Local Data Impacts Inpatient Volume and Length of Stay Trends
While data indicates a continued shift from inpatient to outpatient revenues, inpatient volume is still growing nationally at 2.3 percent and projected to continue at this level over the next 10 years due to population growth and aging—with spikes in some local markets. By reviewing data at localized market levels and even within service lines, healthcare organizations can better predict and plan for facility and service line needs in their specific markets.
New data also indicates the average length of stay is increasing—bucking historical trends. The aging population and growth in certain markets have big impacts on facilities. Some high-growth cities are projected to see an increase in overall bed need while very few cities will see the opposite.