During the entire pandemic, hospitals across the United States have spent more than $ 3 billion on providing personal protective equipment, according to a analysis conducted by Premier released October 11th.
Five important takeaways from the analysis:
- Before the COVID-19 pandemic, hospitals typically spent about $ 7 per month. Patient pr. Day at PPE.
- In the spring of 2020, hospitals spent $ 20.40, driven by increased consumption of PPE as well as out-of-contract purchases and health care systems that were forced to compete with state and federal governments for limited supplies.
- PPE costs have been steadily declining since the second quarter of 2020, falling to around $ 12.45 per share. Patient pr. Today in the first quarter of 2021.
- For some PPE categories, such as eye protection, surgical gowns, and face masks, prices are close to pre-pandemic levels, despite high demand.
- Although costs are falling, demand for many types of PPE is still high due to the large number of COVID-19 cases. Providers still use 1,300 percent more N95 masks than they did before the pandemic.
To conduct the analysis, Premier compared PPE consumption trends from September 2019 to September 2021 using a database of 30 percent of U.S. hospitals across all geographic regions and hospital types. PPE elements included in the analysis were eye protection, surgical gowns, N95 respirators, face masks, examination gloves and cotton swabs. The total cost was calculated by measuring quantities used per. Patient pr. Today, multiplied by the percentage change in pricing for that quarter.
Read the full press release here.