Tag: Health care spending
In brief: Senators write GAO, CMS reports on spending, Quantum appears at the Met
December 15, 2023HME News Staff
WASHINGTON – U.S. Senate Majority Whip Dick Durbin, D-Ill., and U.S. Sen. Richard Blumenthal, D-Conn., have sent a letter to the Government Accountability Office (GAO) calling on the agency to update its 2011 report entitled “Medical Devices: FDA Should Enhance Its Oversight of Recalls” in the wake of the Philips Respironics recall.
The Senators sent the letter following the Pittsburgh Post-Gazette’s and ProPublica’s reporting on the recall of certain...
Health spending grows
December 14, 2023HME News Staff
WASHINGTON – U.S. health care spending grew 4.1% to reach $4.5 trillion in 2022, reflecting increases in Medicaid and private health insurance, according to CMS.
The rate of growth was faster than in 2021 (3.2%), but much slower than in 2020 (10.6%).
In 2022, the insured share of the population reached 92% (a historic high). Private health insurance enrollment increased by 2.9 million individuals and Medicaid enrollment increased by 6.1 million individuals. In 2022,...
National health care spending grows
December 17, 2020HME News Staff
WASHINGTON – Total national health care spending in 2019 grew 4.6%, according to a study from the Office of the Actuary at CMS.
That’s similar to the 4.7% growth in 2018 and the average annual growth of 4.5% since 2016, according the study, which was published Dec. 16.
The share of the economy dedicated to health spending was 17.7%.
The 4.6% in growth in health expenditures was faster than the overall economic growth...