Denny Lemaster

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

Retrieved on: 
Friday, October 6, 2023

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

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

Retrieved on: 
Friday, July 7, 2023

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

Retrieved on: 
Friday, April 7, 2023

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.