Table 1. General characteristics of hospitals in 2018.
| No. Hospitals | ||
|---|---|---|
| General Characteristics | No. | Summary |
| Rural—no. (%) | 3357 | 1305 (38.9) |
| Teaching Hospital—no. (%) | 3357 | 1480 (44.1) |
| Hospital Bed Size—no. (%) | 3357 | |
| 1–99 | 1673 (49.8) | |
| 100–299 | 1054 (31.4) | |
| ≥ 300 | 630 (18.8) | |
| Member of Hospital System—no. (%) | 3357 | 2283 (68.0) |
| Ownership | 3357 | |
| Non-Profit | 2204 (65.7) | |
| For-Profit | 468 (13.9) | |
| Government (Non-Federal) | 685 (20.4) | |
| Medicare Payor Mix, median (IQR)a | 3357 | 54.7 (44.0–65.1) |
| Herfindahl Hirschman Index | 3357 | |
| Unconcentrated | 1359 (40.5) | |
| Moderate Concentration | 761 (22.7) | |
| High Concentration | 1237 (36.8) | |
| Quality | ||
| 30-Day Hospital Readmission Rate, median (IQR) | 3252 | 15.2 (14.8–15.6) |
| PSI-90 Safety Score, median (IQR) | 2389 | 0.96 (0.89–1.07) |
| Finances | ||
| Operating Margin, median (IQR) | 3137 | -1.8 (-9.7–5.9) |
| Total Margin, median (IQR) | 3126 | 4.3 (-0.8–10.2) |
| Working Capital to Total Assets, median (IQR) | 3306 | 0.22 (-0.02–0.58) |
| Retained Earnings to Total Assets, median (IQR) | 3306 | 0.67 (0.40–0.91) |
| EBIT to Total Assets, median (IQR) | 3306 | 0.11 (-0.01–0.59) |
| Total Equity to Total Liabilities, median (IQR) | 3306 | 0.93 (0.26–2.21) |
| Financial Distress—no. (%) | 3306 | 750 (22.7) |
Abbreviations: IQR = Interquartile range, EBIT = earnings before interest and taxes.
a Medicare Payor Mix represents Medicare days divided by total inpatient days.