Tag: Health spending
In brief: Clayback to step down, health spending slows, Optum buys home care provider
April 1, 2022HME News Staff
EAST AMHERST, N.Y. – Don Clayback will step down as executive director of NCART on Sept. 30 after 13 years leading the organization.
“I am truly grateful for the opportunities I have had at NCART to help protect and improve access to CRT for people with disabilities,” said Clayback. “It has been an honor to advocate to ensure the children and adults we serve receive the highest quality equipment and supporting services they deserve to live full and independent lives....
Health share of GDP to hit 19.4% by 2027, report says
February 22, 2019HME News Staff
WASHINGTON - National health expenditure growth is expected to average 5.5% annually from 2018-2027, reaching nearly $6 trillion by 2027, according to a report published by the Office of the Actuary at CMS.Growth in national health spending is projected to be faster than projected growth in gross domestic product by 0.8% over the same period.As a result, health share of GDP is projected to increase from 17.9% in 2017 to 19.4% by 2027, the report says.National health spending over the next decade...
Health spending slows year over year, CMS study finds
December 7, 2018HME News Staff
WASHINGTON - Overall health spending grew 3.9% in 2017, almost 1% slower than 2016, according to a study conducted by the Office of the Actuary at CMS and published this week by Health Affairs. Medicare spending grew 4.2% in 2017 vs. 4.3% in 2016. Slower growth in fee-for-service Medicare spending (1.4% in 2017 vs. 2.6% in 2016) offset faster growth in Medicare private health plan spending (10% vs. 8.1%). The trends in Medicare FFS and Medicare private health plan spending are attributed, in part,...
Health spending to hit 19.7% of GDP by 2026, report says
February 16, 2018HME News Staff
WASHINGTON - National health expenditure growth is expected to average 5.5% annually over 2017-2026, according to a report published this week by the Office of the Actuary at CMS.Growth in national health spending is projected to be faster than projected growth in gross domestic product by 1% point during 2017-2026. As a result, health share of GDP is expected to rise from 17.9% in 2016 to 19.7% by 2026, the report says.Drivers of growth: trends in disposable personal income, increases in prices...
Report: Healthcare spending to accelerate in 2014
June 12, 2012HME News Staff
WASHINGTON - U.S. health spending is projected to grow at 4%, on average, for 2011-2013, slightly above the historically low rate of 3.8% in 2009, according to a CMS annual report published online today in Health Affairs.Preliminary data suggest that growth in the use of health services by consumers remained slow in 2011—a pattern that the report's authors expect to continue in 2012-13. As major coverage expansions from the Affordable Care Act begin in 2014, however, health spending is expected...