Report: Hospital spending growth lowest in 28 years
National spending for hospital care grew just 0.8% over the 12 months that ended in June, the lowest rate since at least January 1989, according to the latest report from Altarum Institute's Center for Sustainable Health Spending. National health spending growth fell to 4.0% for the second quarter of 2017, driven by lower growth in hospital spending. “These lower growth rates have resulted in health spending growth that has been lower than [gross domestic product] growth for each of the past three months, averaging GDP minus 0.3% for May through July,” the report notes.
Related News Articles
Headline
The National Collaborative for Improving the Clinical Learning Environment this week released guidance to help health care system leaders work with clinical…
Headline
The Centers for Medicare & Medicaid Services should continue to work with national standards body X12 to include the new unique device identifier on its…
Headline
The Centers for Disease Control and Prevention today issued recommendations to help health care providers and laboratories prevent the spread of Candida auris…
Headline
Inpatient rehabilitation facilities and long-term care hospitals have until Sept. 30 to review their 2016 quality data before it is publicly reported on the…
Headline
The Institute for Safe Medication Practices yesterday released a tool to help hospitals and outpatient facilities evaluate their safety practices for “…
Headline
The Centers for Medicare & Medicaid Services seeks comments through Nov. 20 on a “new direction” for its Innovation Center that will approach…