44% of U.S. physicians were employed by hospitals in 2018 + more market insights

Hospitals will account for an estimated 33 percent, or $1.3 trillion, of U.S. healthcare expenditures in 2019, according to the Health Industry Distributors Association's 2019 Hospitals & Health Systems Market Report.

Four more key insights:

1. In 2019, Medicare and private health insurance are expected to account for 25 percent and 39 percent of for-profit hospitals' payer mix, respectively.

2. Medicare's portion of the hospital payer mix is projected to rise by 4 percent by 2028, while private payers' share will drop 2 percent.

3. In 2018, an estimated 44 percent of U.S. physicians were hospital-employed, up from 41.7 percent in 2016 and 26 percent in 2012.

4. In 2018, for-profit hospitals had an estimated median operating margin of 1.8 percent, which is lower than the 2.5 percent that is considered healthy.

More articles on surgery centers:
27 states gained Medicare-certified ASCs from 2017-18
Average salary for 5 key physician specialties
The 6 most common cases migrating to outpatient venues

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