HOSPITAL CHARACTERISTICS
Income and Expenditure
Hospital income continued to grow in 2009-10, with income totalling $9,790 million, an increase from $8,982 million in 2008-09. Total income from private Acute and psychiatric hospitals was $9,044 million which accounted for 92.4% of all private hospital income. Total recurrent expenditure for all private hospitals increased by 9.9% to $8,946 million in 2009-10 from $8,137 million in 2008-09. For Acute and psychiatric hospitals, wages and salaries as a proportion of recurrent expenses remained steady at 51.6% in 2009-10; for Free-standing day hospitals the proportion increased 1.5% from 2008-09 to 41.1%.
The private hospital sector invested $738 million in building and other capital assets in 2009-10, a 15.9% increase from the $637 million reported in 2008-09. Acute and psychiatric hospitals increasing investment from $589 million in 2008-09 to $695 million in 2009-10; while Free-standing day hospital's investment decreased from $48 million in 2008-09 to $43 million in 2009-10.
Net Operating Margin
Net operating margin is derived by subtracting recurrent expenditure from income and expressing the result as a proportion of income. The net operating margin for Acute and psychiatric hospitals during 2009-10 was 7.6%, a decrease from 8.6% in 2008-09. The net operating margin for Free-standing day hospital facilities was higher at 20.6%, an increase from the previous cycle's net operating margin of 19.6%.
Private Hospitals, Net operating margin
: 2004-05 to 2009-10(a)
Accreditation
Hospital accreditation has been identified as an indicator of capability within the National Health Performance Framework (for further information refer to
Australian Hospital Statistics 2008-09, produced by the Australian Institute of Health and Welfare (AIHW)). As at 30 June 2010, the main organisations used by hospitals to obtain accreditation were the Australian Council on Healthcare Standards (ACHS) (used by 309 hospitals) and Benchmark Certification (used by 81 hospitals).
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