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LifePoint Health (LifePoint Health) Supplies Expense Percentage of Revenue % : 16.40% (As of Sep. 2018)


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What is LifePoint Health Supplies Expense Percentage of Revenue %?

Supplies Expense is one of the major costs of healthcare businesses. A lower percentage of supplies expense of revenue is better if the service quality is guaranteed.

LifePoint Health's Supplies Expense Percentage of Revenue % for the quarter that ended in Sep. 2018 was 16.40% , which is higher than 16.30% for the pervious quarter ended in Jun. 2018.

LifePoint Health's Supplies Expense Percentage of Revenue % for the annual that ended in Dec. 2017 was 16.80% , which is the same as 16.80% for the pervious year ended in Dec. 2016.

The historical rank and industry rank for LifePoint Health's Supplies Expense Percentage of Revenue % or its related term are showing as below:

LPNT's Supplies Expense Percentage of Revenue % is not ranked *
in the Healthcare Providers & Services industry.
Industry Median:
* Ranked among companies with meaningful Supplies Expense Percentage of Revenue % only.

LifePoint Health Supplies Expense Percentage of Revenue % Historical Data

The historical data trend for LifePoint Health's Supplies Expense Percentage of Revenue % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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LifePoint Health Supplies Expense Percentage of Revenue % Chart

LifePoint Health Annual Data
Trend Dec16 Dec17
Supplies Expense Percentage of Revenue %
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Medicare Income Percentage of Revenue %
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Medicaid Income Percentage of Revenue %
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Change in Admissions %
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Bad Debt Percentage of Revenue %
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Change in Equivalent Admissions %
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LifePoint HealthQuarterly Data
Trend Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
Supplies Expense Percentage of Revenue %
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Medicare Income Percentage of Revenue %
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Medicaid Income Percentage of Revenue %
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Change in Admissions %
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Bad Debt Percentage of Revenue %
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Outpatient Services Income Percentage of Revenue %
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Change in Equivalent Admissions %
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LifePoint Health  (NAS:LPNT) Supplies Expense Percentage of Revenue % Explanation

For health care businesses, supplies make up a significant percentage of expenses. Supply expenses average 15% of total hospital expenses, with the middle 50% of hospitals ranging from 9% to 19%. These are highly relevant costs. The numbers range substantially by hospital specialty, correlating strongly with the case mix index.

Clearly, managing such a large and diverse category of expenses is important for hospitals. Yet supply chains in health care are both complex and fragmented and complex, commonly lagging well behind other industries in how effectively they are managed.


LifePoint Health Supplies Expense Percentage of Revenue % Related Terms

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LifePoint Health (LifePoint Health) Business Description

Traded in Other Exchanges
N/A
Address
LifePoint Health owns and operates community hospitals, regional health systems, physician practices, outpatient centers, and post-acute facilities in the United States. The firm primarily generates revenue through hospital services offered at its facilities. These services include general surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic care, rehabilitation services, and pediatric services. LifePoint receives the majority of its revenue from health maintenance organizations (HMOs), preferred provider organizations (PPOs), and other private insurers. It receives the next largest proportion of revenue from Medicare and Medicaid.
Executives
Kermit R Crawford director 200 WILMOT ROAD, DEERFIELD IL 60015
Jana R Schreuder director 50 S LA SALLE ST, CHICAGO IL 60675
Reed Vaughn Tuckson director C/O UNITEDHEALTH GROUP INCORPORATED, 9900 BREN ROAD EAST, MINNETONKA MN 55123
Michael P Haley director 200 NORTH HAMILTON STREET, NO. 200, HIGH POINT NC 27260
Marguerite Sallee director C/O BRIGHT HORIZONS FAMILY SOLUTIONS INC, 200 TALCOTT AVENUE SOUTH, WATERTOWN MA 02472
Carpenter William F Iii director, officer: Chairman and CEO C/O FB FINANCIAL CORP, 211 COMMERCE STREET, SUITE 300, NASHVILLE TN 37201
Maupin John E Jr D D S director 103 POWELL COURT SUITE 200, BRENTWOOD TN 37027
Paul D Gilbert officer: EVP, Chief Legal Officer 103 POWELL COURT, SUITE 200, BRENTWOOD TN 37027
Gregory T. Bier director CINCINNATI FINANCIAL CORPORATION, P.O. BOX 145496, CINCINNATI OH 45250-5496
Marilyn B Tavenner director 13600 BUTLERS ROAD, AMELIA COURT HOUSE VA 23002
Jeffrey Scott Sherman officer: EVP and CFO 103 POWELL COURT, SUITE 200, BRENTWOOD TN 37027
Gary D Willis officer: SVP,Chief Accounting Officer 3854 AMERICAN WAY, SUITE A, BATON ROUGE LA 70816