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Psychiatric and Chemical Dependency Volume Trends the Focus of Latest Key Indicators Report

The latest Key Indicators Report, which reflects data from the second quarter, focuses on several emerging trends regarding psychiatric and chemical dependency volume. 

First, as seen in previous quarters, there is a relationship between psych/chem volume and the larger economic climate. In the past, as the economy worsened, psych/chem volume increased, most likely as a result of the heightened stress and anxiety brought on by difficult times. A decline in volume for this indicator during the second quarter may be a reflection of the easing of the lingering impact of the economic crisis.

Second, though the second quarter saw lower numbers for both psych/chem days and discharges in comparison to 2011, this trend does not reflect the trajectory of expected volume in these categories if they follow the same pattern seen in the first half of the year. Projections based on the first two quarters of 2012 suggest that by year’s end discharges will demonstrate a modest year-over-year increase of 1.5 percent while days will experience a more dramatic year-over-year decline of close to 5 percent. This projection is notable because it suggests more patients are being treated while care is delivered more efficiently and for shorter periods of time.

The Key Indicators Report provides analysis of the hospital market based on Volume Statistics data. For more information on this report, please contact Deanna Moore at 216.255.3614 or deanna.moore@chanet.org.