®.
® (ISM
®) Hospital Business Survey Committee: The Hospital PMI
™ registered 61.9 percent in April, up 3.1 percentage points from the March reading of 58.8 percent, indicating an 11th consecutive month of growth. The Business Activity and New Orders indexes increased in April compared to March.
The Employment Index expanded in April, following a month of contraction. The Case Mix Index increased to 55.5 percent, up 1.5 percentage points compared to the March reading of 54 percent. The Days Payable Outstanding Index increased to 57 percent, up 13 percentage points from the March reading of 44 percent. The Technology Spend Index registered 55 percent, an increase of 4 percentage points from the March reading of 51 percent.
®.
® (ISM
®) Hospital Business Survey Committee: The Hospital PMI™ registered 58.8 percent in March, up 1.3 percentage points from the February reading of 57.5, indicating a 10th consecutive month of growth. The Business Activity and New Orders Indexes increased compared to February, while the Employment Index fell into contraction in March. The Case Mix Index increased to 54 percent, up 2 percentage points compared to the February reading of 52 percent. The Days Payable Outstanding Index decreased to 44 percent, down 6.5 percentage points from the February reading of 50.5 percent. The Technology Spend Index registered 51 percent, a decrease of 7 percentage points from the February reading of 58 percent. In March, hospitals began to see the shift in volumes they were hoping for in February. At some facilities, total volume was unchanged, but the patient mix significantly improved. Lower coronavirus (COVID-19) admissions and increased elective procedures was a sentim
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