Hospital PMI® is 57.9%. September 2022 Hospital ISM® Report On Business®

Tempe, Arizona, October 7, 2022 /PRNewswire/ — economic activity Hospital subsector increased in September For the 28th consecutive month, the country’s hospital supply executive said: Hospital ISM^® Business report^®.

The report was published today. Nancy LemasterMBA, Chairman of the Supply Management Association^® (ISM^®) Hospital Business Investigation Committee: “Hospital PMI^® September recorded 57.9%, up 4.4 percentage points from 53.5% in August, marking the 28th straight month of growth. Business activity, new orders and the employment index all increased compared to August. The Case Mix Index hit 47.5%, down 6% from 53.5% in August. The Days Payable Outstanding Index recorded 52.5%, down 5% from 57.5% reported in August. The Technology Spend Index hit 60.5%, up 6% from 54.5% in August. ”

LeMaster continues. Shortages continued to reduce capacity, but a majority reported increases in hospital and outpatient numbers. despite some improvements, product availability remained a problem. ) continue to burn down inventory to reduce levels and free up cash flow.”

About this report

The information compiled in this report is September 2022.

Hospital PMI^® Developed in collaboration with the Association for Health Resource and Materials Management (AHRMM), an association of medical supply chain professionals, and a group of professional members of the American Hospital Association (AHA).

The data presented here is derived from a survey of hospital supply executives based on information collected within their respective organizations.doctrine^® makes no representations regarding individual companies’ data collection procedures, other than those contained in this release. When used for decision making, the data should be compared with all other economic data sources.

Data and presentation

of hospital doctrine^® Business report^® Based on data gathered from hospital purchasing and supply executives nationwide. Survey responses reflect any changes for the current month compared to the previous month. Each indicator measured (Business Activity, New Orders, Hiring, Supplier Deliveries, Inventory, Price, Price: Pharmaceuticals, Price: Supplies, Backlog of Orders, Imports, Inventory Sentiment, Case Mix, Days Outstanding, Technical spending, and touchless orders), this report shows the percentage and spread index reporting each response. Responses represent raw data and are never modified.start with January 2021, Business report^® Staff and consultants gather market information to better validate export indices. Export index data is still being collected.

Hospital PMI^® is a composite index calculated from equally weighted indices such as business activity, new orders, employment, and supplier deliveries. The Diffusion Index is a leading indicator in nature and is a useful summary indicator that indicates the general direction and extent of change. Hospital PMI^® Index readings above 50% indicate an overall expansion of the hospital subsector. Less than 50% indicates an overall downward trend. For sub-indexes excluding supplier deliveries, index readings above 50% indicate general sub-index growth. Less than 50% indicates total shrinkage. A supplier delivery index above 50% indicates slow delivery, and below 50% indicates fast delivery.

of Hospital ISM^® Business report^® Surveys are sent to Hospital Business Research Commission respondents in the first half of each month. Respondents are asked to report only US operations for the current month.doctrine^® receives survey responses through most of any given month. The majority of respondents wait until later in the month to submit their responses for the most accurate picture of current business activity.doctrine^® Then create a report to release on the 5th business day of the following month.

ISM ROB content

Supply Management Laboratory^® (“ism”) Business report^® (manufacturing, services, and hospital reports) (“ISM ROB”) contain information, text, files, images, videos, sounds, musical works, works of authorship, applications, and other materials or content (collectively, the “Content “) contained. of ISM (“ISM ROB Content”). ISM ROB Content is protected by copyright, trademark, trade secret, and other laws, and as between you and her ISM, ISM owns and retains all rights in her ISM ROB Content. ISM hereby grants you a revocable, non-sublicensable, limited license to access and display ISM ROB Content (excluding software code) on individual devices for your personal, non-commercial use only. is given to the customer. ISM ROB Content also includes Content of User and others of his ISM Licensors. Except as described herein or as expressly permitted in writing by ISM, copy, download, stream, capture, reproduce, reproduce, archive, upload, modify, translate, publish, broadcast, transmit, retransmit, distribute, perform, display, sell, or otherwise use ISM ROB Content;

Works or materials (tables, charts, data streams, time series variables, fonts, icons, link buttons, wallpapers, desktop themes, derived from ISM ROB Content, or postcards, montages, mashups and similar videos, greeting cards, unlicensed merchandise based thereon). This prohibition applies regardless of whether derivative works or materials are sold, exchanged, or transferred. Do not remove, modify, bypass, circumvent, interfere with, or circumvent any copyright, trademark, or other proprietary rights notices, either directly or using any device, software, Internet site, web-based service, or other means; it won’t work. Content, digital rights management mechanisms, devices, or other content protection or access control measures associated with Content (including geographic filtering mechanisms). You may not use the Content to build a business, commercial or otherwise, without prior written permission from ISM.

You may not index, reproduce, distribute, incorporate into other works, or promote any portion of the Content without prior written permission from ISM. Requests for permission to reproduce or distribute ISM ROB Content are Michelle Rusk Send in writing to: ISM Research, Institute for Supply Management, 309 W. Elliot Road, Suite 113, Tempe, Arizona 85284-1556 or by email [email protected]; Subject: Content Request.

ISM accepts no responsibility, liability or liability for any errors, inaccuracies, omissions or delays in providing ISM ROB Content or any other information contained herein, or for any action taken in reliance thereon. shall not be held liable. ISM SHALL NOT BE LIABLE FOR ANY SPECIAL, INCIDENTAL OR CONSEQUENTIAL DAMAGES ARISING OUT OF THE USE OF THE ISM ROB. Business report^®PMI^®NMI^®manufacturing PMI^®Service PMI^®and hospital PMI^® Registered trademarks and trademarks of the Institute for Supply Management.^®. Supply Management Laboratory^® and ISM^® A registered trademark of the Institute for Supply Management, Inc.

About the Supply Management Institute^®

Supply Management Laboratory^® (ISM^®) serves supply management professionals in over 90 countries.About 50,000 members worldwide $1 trillion Annually in corporate and government supply chain procurement. Founded in 1915 as the world’s first supply management institution, the ISM is committed to advancing supply management practices to enhance member value and competitive advantage, contributing to a prosperous and sustainable world. increase.doctrine^® Leading the profession through ISM^® Business report^®its highly regarded certification program, and ISM^® advance^™ digital platform.doctrine^® Business report^® It has been published by the Society since 1931, except for a four-year hiatus during World War II.

Public text version Hospital ISM^® Business report^® Posted in ISM^®website www.ismrob.org on the 5th business day of each month* 10:00 AM ET.

next Hospital ISM^® Business report^® special feature October 2022 Data will be released at 10:00 AM ET Monday, November 7, 2022.

*Except when the New York Stock Exchange is closed.

SOURCE Supply Management Institute