Days payable outstanding

Hospital PMI® at 59.8%; November 2023 Hospital ISM® Report On Business®

Retrieved on: 
Thursday, December 7, 2023
Spend, Monster Employment Index, Case mix index, MBA, Days payable outstanding, Growth, Business, Braeden Lemasters, Hospital

The New Orders Index remained in expansion for the third straight month, and the Employment Index returned to expansion territory.

Key Points: 
  • The New Orders Index remained in expansion for the third straight month, and the Employment Index returned to expansion territory.
  • LeMaster continues, "Hospital Business Survey Committee respondents attributed volume growth in November to an increase in elective procedures and seasonal respiratory cases.
  • Inflation and increasing costs are still putting pressure on hospital margins, which resulted in continuing cost-cutting measures.
  • Back orders and shortages lingered, but panelists' comments in general suggested a slow, steady increase in supplier delivery performance."

Hospital PMI® at 52.1%; October 2023 Hospital ISM® Report On Business®

Retrieved on: 
Tuesday, November 7, 2023
Spend, IV, Monster Employment Index, Days payable outstanding, MBA, Clark W. LeMasters Jr., Growth, Business, Hospital, Case mix index, Tourism

The Business Activity Index expanded for the second consecutive month.

Key Points: 
  • The Business Activity Index expanded for the second consecutive month.
  • The New Orders Index remained in expansion for the second straight month, and the Employment Index returned to contraction territory.
  • LeMaster continues, "While slightly lower than the previous month, volume metrics remained in the growth range; Hospital Business Survey Committee respondents commented that operations were stable.
  • There is concern that a potential shortage of IV fluids and related products could cause serious issues going into flu season."

Hospital PMI® at 57%; September 2023 Hospital ISM® Report On Business®

Retrieved on: 
Friday, October 6, 2023
Spend, MBA, Business, New Order (Indonesia), Employment, Organization, Days payable outstanding, Hospital, Growth, Denny Lemaster, Case mix index, Nursing

The Case Mix Index moved into contraction, registering 48 percent, a decrease of 3 percentage points compared to the August figure of 51 percent.

Key Points: 
  • The Case Mix Index moved into contraction, registering 48 percent, a decrease of 3 percentage points compared to the August figure of 51 percent.
  • The Days Payable Outstanding Index returned to contraction territory at 46.5 percent, down 5 percentage points from the 51.5 percent reported in August.
  • The Technology Spend Index reading of 51 percent is an increase of 3.5 percentage points compared to the 47.5 percent recorded in August.
  • LeMaster continues, "The beginning of the school year, Labor Day holiday and reemergence of seasonal illnesses contributed to increased volumes.

Hospital PMI® at 47.5%; August 2023 Hospital ISM® Report On Business®

Retrieved on: 
Friday, September 8, 2023
Spend, Denny Lemaster, Case mix index, MBA, Index, Employment, Organization, New Order (Indonesia), Growth, Hospital, Days payable outstanding, Nursing

TEMPE, Ariz., Sept. 8, 2023 /PRNewswire/ -- Economic activity in the hospital subsector contracted in August for the second time in four months after 35 consecutive months of growth, say the nation's hospital supply executives in the latest Hospital ISM® Report On Business®.

Key Points: 
  • TEMPE, Ariz., Sept. 8, 2023 /PRNewswire/ -- Economic activity in the hospital subsector contracted in August for the second time in four months after 35 consecutive months of growth, say the nation's hospital supply executives in the latest Hospital ISM® Report On Business®.
  • The Hospital PMI® is in contraction territory for just the fourth time (with the index also registering below 50 percent in May 2023 and both April and May 2020) in more than five years of Hospital ISM® Report On Business® data collection.
  • The Case Mix Index reading of 51 percent is down 2 percentage points compared to the July figure of 53 percent.
  • LeMaster continues, "Hospital Business Survey Committee respondents indicated their facilities had soft volumes in August, consistent with historical summer trends.

Hospital PMI® at 53.3%; July 2023 Hospital ISM® Report On Business®

Retrieved on: 
Monday, August 7, 2023
Spend, Johnnie LeMaster, Case mix index, Business, Monster Employment Index, MBA, Burn, Employment, Organization, UPS, Growth, Hospital, Days payable outstanding

The New Orders Index expanded for the second consecutive month, and the Employment Index returned to expansion territory.

Key Points: 
  • The New Orders Index expanded for the second consecutive month, and the Employment Index returned to expansion territory.
  • The Supplier Deliveries Index moved into expansion (which indicates slower delivery performance), ending five months in 'faster' territory.
  • The Case Mix Index reading of 53 percent is up 3 percentage points compared to the June figure of 50 percent.
  • Employment moved into growth territory, with comments indicating successful job fairs and an increase in international hiring."

Hospital PMI® at 51.5%; June 2023 Hospital ISM® Report On Business®

Retrieved on: 
Friday, July 7, 2023
Spend, Denny Lemaster, Case mix index, Business, Monster Employment Index, MBA, Organization, Freezing, Reading, Growth, Hospital, Days payable outstanding, Nursing

TEMPE, Ariz., July 7, 2023 /PRNewswire/ -- Economic activity in the hospital subsector grew in June after one month of contraction preceded by 35 consecutive months of growth, say the nation's hospital supply executives in the latest Hospital ISM® Report On Business®.

Key Points: 
  • TEMPE, Ariz., July 7, 2023 /PRNewswire/ -- Economic activity in the hospital subsector grew in June after one month of contraction preceded by 35 consecutive months of growth, say the nation's hospital supply executives in the latest Hospital ISM® Report On Business®.
  • The New Orders Index returned to expansion territory, and the Employment Index continued to indicate contraction.
  • The Days Payable Outstanding Index returned to expansion territory at 51.5 percent, up 5.5 percentage points from the 46 percent reported in May.
  • LeMaster continues, "With increases in business activity and new orders, the Hospital PMI® returned to expansion territory.

Hospital PMI® at 49.1%; May 2023 Hospital ISM® Report On Business®

Retrieved on: 
Wednesday, June 7, 2023
Spend, Braeden Lemasters, Employment, Case mix index, Business, MBA, Physician, New Order (Indonesia), Reading, Growth, Hospital, Days payable outstanding, Nursing

TEMPE, Ariz., June 7, 2023 /PRNewswire/ -- Economic activity in the hospital subsector contracted in May after 35 consecutive months of growth, say the nation's hospital supply executives in the latest Hospital ISM® Report On Business®.

Key Points: 
  • TEMPE, Ariz., June 7, 2023 /PRNewswire/ -- Economic activity in the hospital subsector contracted in May after 35 consecutive months of growth, say the nation's hospital supply executives in the latest Hospital ISM® Report On Business®.
  • The Hospital PMI® is in contraction territory for just the third time (with the Hospital PMI® in both April and May 2020 also registering below 50 percent) in more than five years of Hospital ISM® Report On Business® data collection.
  • The Case Mix Index reading of 53 percent is an increase of 5 percentage points compared to the April figure of 48 percent.
  • The Days Payable Outstanding Index remained in contraction at 46 percent, down 2 percentage points from the 48 percent reported in April.

Hospital PMI® at 55.3%; April 2023 Hospital ISM® Report On Business®

Retrieved on: 
Friday, May 5, 2023
Spend, Braeden Lemasters, Case mix index, Monster Employment Index, MBA, Tornado, Reading, Growth, Weather, Hospital, Non-Manufacturing Business Activity Index, Days payable outstanding

TEMPE, Ariz., May 5, 2023 /PRNewswire/ -- Economic activity in the hospital subsector grew in April for the 35th consecutive month, say the nation's hospital supply executives in the latest Hospital ISM® Report On Business®.

Key Points: 
  • TEMPE, Ariz., May 5, 2023 /PRNewswire/ -- Economic activity in the hospital subsector grew in April for the 35th consecutive month, say the nation's hospital supply executives in the latest Hospital ISM® Report On Business®.
  • The Case Mix Index reading of 48 percent is a decrease of 5 percentage points compared to the March figure of 53 percent.
  • Such weather events as tornadoes were mentioned as both a source of supply disruption and a reason for increased admissions.
  • Survey panelists mentioned their facilities had undertaken conscious efforts to reduce inventory levels and improve days payable outstanding performance."

Hospital PMI® at 53.4%; March 2023 Hospital ISM® Report On Business®

Retrieved on: 
Friday, April 7, 2023
Spend, Pressure, Denny Lemaster, Personal protective equipment, Case mix index, Non-Manufacturing Business Activity Index, Business, Monster Employment Index, MBA, COVID, Employment, Hospital, PPE, Reading, Days payable outstanding, Nursing

TEMPE, Ariz., April 7, 2023 /PRNewswire/ -- Economic activity in the hospital subsector grew in March for the 34th consecutive month, say the nation's hospital supply executives in the latest Hospital ISM® Report On Business®.

Key Points: 
  • TEMPE, Ariz., April 7, 2023 /PRNewswire/ -- Economic activity in the hospital subsector grew in March for the 34th consecutive month, say the nation's hospital supply executives in the latest Hospital ISM® Report On Business®.
  • The report was issued today by Nancy LeMaster, MBA, Chair of the Institute for Supply Management® (ISM®) Hospital Business Survey Committee: "The Hospital PMI® registered 53.4 percent in March, a 0.1-percentage point decrease from the February reading of 53.5 percent.
  • The Business Activity Index decreased compared to February, while the New Orders Index increased compared to the prior month.
  • The Case Mix Index reading of 53 percent is an increase of 1.5 percentage points compared to the February figure of 51.5 percent.

Hospital PMI® at 53.5%; February 2023 Hospital ISM® Report On Business®

Retrieved on: 
Tuesday, March 7, 2023
Spend, MBA, Hospital, Growth, Days payable outstanding, Reading, Business, Case mix index, Employment, Braeden Lemasters, Weather, Monster Employment Index

TEMPE, Ariz., March 7, 2023 /PRNewswire/ -- Economic activity in the hospital subsector grew in February for the 33rd consecutive month, say the nation's hospital supply executives in the latest Hospital ISM® Report On Business®.

Key Points: 
  • TEMPE, Ariz., March 7, 2023 /PRNewswire/ -- Economic activity in the hospital subsector grew in February for the 33rd consecutive month, say the nation's hospital supply executives in the latest Hospital ISM® Report On Business®.
  • The Business Activity Index increased compared to January, while the New Orders Index decreased compared to the prior month.
  • The Case Mix Index registered 51.5 percent, a decrease of 5 percentage points compared to the January figure of 56.5 percent.
  • One panelist indicated that in spite of an inflationary economy, the organization continued to invest in new construction and technology."