According to research and analysis firm Statista, hospital expenses (excluding capital) can be classified into eight main categories:
Wages and benefits – 56%
Professional fees – 11.9%
Other products, such as food, medical equipment, etc. – 11.2%
Prescription drugs – 6.7%
All other: labor intensive – 5.7%
All other: non-labor intensive; includes phone and postage – 5.5%
Professional liability insurance – 1.2%
Utilities – 1.8%