A monthly list of interesting facts and figures from the world of healthcare, finance, and public markets.
2/3: The estimated number of Medicare quality metrics deemed uncertain or invalid by a NEJM study.
25%: the percentage of healthcare costs attributable to the top 1%.
1%: the likelihood of being in the top 10% of healthcare claimants for 3 years in a row (source: analysis of a company with 3,000).
80%: the percentage of people who are below average in total medical claims (CMS actuarial value continuance tables for the beauties of skew).
60: the average lifespan of an S&P 500 company in 1955.
18: the average lifespan of an S&P 500 company today.
92%: the percentage of $100,000+ claimants who passed a biometric screening 12 months prior (LinkedIn conversation with actuarial consultant).
65%: The percent reimbursement Medicare pays towards bad debts resulting from deductible and coinsurance amounts that are uncollectable from beneficiaries.
7.4%: 2018 bad debt write-offs as a percentage of revenue for HCA (the largest publicly traded hospital company in the US).
83.5%: the 2008 medical care ratio (cost of care/premiums) for United Healthcare.
81.6%: the 2018 ratio.
$16: free cash flow per share (FCF/share) in 2018 for UHC.
$2.8: FCF/share in 2008.
19%: the decline in UHC’s share count since 2008.
16%: percentage of gig workers who do it as a primary source of income.
5: typical hours worked by gig worker per month.
3%: 2018 growth in RevPAR (revenue per available room) for Hilton.