GITNUX MARKETDATA REPORT 2024

Statistics About The Most Expensive Hospital In The Us

The most expensive hospital in the US has an average cost of $4,287 per day for one inpatient stay.

In this post, we highlight key statistics regarding the cost landscape of hospitals in the United States. From the most expensive hospitals to the disparities in pricing for uninsured patients, these figures shed light on the financial impacts within the healthcare industry. Discover which states house the highest number of costly hospitals and how charges compare to Medicare rates.

Statistic 1

"As of 2021, the most expensive hospital in the United States is reported to be Bayonne Medical Center in New Jersey."

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Statistic 2

"Bayonne Medical Center charges nearly 13 times Medicare's rates."

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Statistic 3

"The second most expensive hospital is Northbay Medical Center in Fairfield, California."

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Statistic 4

"California is a state which has numerous hospitals that are considered to be amongst the 50 most expensive in the US."

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Statistic 5

"According to a 2019 study, almost half of the hospitals that rank in the top 100 of the most expensive are located in Florida."

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Statistic 6

"Most expensive hospitals tend to charge more for services than rural or smaller hospitals."

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Statistic 7

"CarePoint Health System's Bayonne Medical Center - at 12.9 times the cost of care - was the US hospital with the largest average markup in 2015."

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Statistic 8

"On average, U.S. hospitals charge uninsured patients two and a half times more than the cost of care."

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Statistic 9

"There were 50 U.S. hospitals in 2016 that charged on average more than ten times their costs, up from 29 hospitals in 2014."

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Statistic 10

"New Jersey and California are states with the highest number of high-cost hospitals."

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Statistic 11

"Though they are some of the most expensive, top-grossing hospitals in the United States rake in a combined $92 billion in revenue annually."

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Statistic 12

"For-profit institutions represented 95 of the 100 most expensive US hospitals."

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Statistic 13

"20 out of the 50 most expensive hospitals are located in Florida, according to a study by the National Nurses United Union (NNU)."

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Statistic 14

"The twenty-five highest charging hospitals in the US are charging patients at 10x the actual cost of treatment and care."

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Statistic 15

"A national study from the Johns Hopkins Bloomberg School of Public Health revealed that 50 U.S. hospitals possess chargemaster prices that are more than 10 times the hospitals' cost of providing care."

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Statistic 16

"Northbay Medical Center, the second most expensive hospital in the US, charges approximately 12.1 times more than its Medicare-allowable costs."

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Statistic 17

"The CHRISTUS Saint Vincent Regional Medical Center in New Mexico has one of the highest average charge ratios among U.S. hospitals━more than 10x the cost of care."

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Statistic 18

"The average U.S. hospital charges self-paying patients 3.4 times the federal government rate set by Medicare, but there are hospitals that charge up to 12.6 times the Medicare rate like Bayonne Medical Center."

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Statistic 19

"In certain hospitals like Bayonne Medical Center, uninsured and out-of-network patients are often charged extreme rates, sometimes up to 12.6 times the actual cost."

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The statistics presented highlight the exorbitant costs that some hospitals in the United States charge for their services, with Bayonne Medical Center in New Jersey being identified as the most expensive hospital in the country. These findings reveal a concerning trend where certain hospitals are charging significantly higher rates compared to Medicare allowances, resulting in financial burdens for patients, especially the uninsured and out-of-network individuals. The prevalence of high-cost hospitals in states like California, Florida, and New Jersey, as well as the dominance of for-profit institutions among the top-grossing hospitals, underscores the complex economic dynamics at play within the healthcare industry. Efforts to address these disparities and improve transparency in hospital pricing are crucial to ensure equitable access to quality healthcare for all individuals.

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