Understanding Hospital Costs— New Tool Makes Data More Transparent and Accessible

This blog introduces and explores the National Academy for State Health Policy’s Hospital Cost Tool, which identifies different cost measures including hospital revenue, cost to charge ratios, and profitability across more than 4,600 hospitals nationwide from 2011 through 2019.

As healthcare spending continues to rise for consumers and payers—with the largest proportion of those expenditures on hospital services—states and other purchasers are seeking to better understand and address hospitals’ costs.