By Health Capital Consultants, LLC

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Exorbitant Healthcare Spending in 2020 due to COVID-19
On December 15, 2021, the Centers for Medicare & Medicaid Services (CMS) released a report detailing healthcare spending in the U.S. in 2020, which confirmed the outsized impact the COVID-19 pandemic has had on the nation’s healthcare industry and on federal spending. Overall, healthcare spending increased 9.7% in 2020 (to $4.1 trillion), double the 2019 increase of 4.3%. Healthcare spending also became a larger share of the U.S. gross domestic product (GDP) in 2020. This Health Capital Topics article will review the notable findings included in CMS’s report. (Read more…)
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CITE: https://www.r2library.com/Resource/Title/082610254
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Filed under: "Doctors Only", Accounting, Alerts Sign-Up, Ethics, Events-Planner, Experts Invited, Glossary Terms, Health Economics, Health Insurance, Healthcare Finance | Tagged: CMS, corona, Covid-19, GDP, Health Capital Consultants LLC, Health Insurance, healthcare economics, healthcare spending, medicare |
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