Becker's Healthcare September 29, 2025
In 2023, direct spending within orthopedics, oncology, cardiology, women’s health, behavioral health and nephrology made up 38% of all total medical spending, and 68% of total commercial and Medicare spending, according to a July 22 report from consulting firm McKinsey & Co.
Here is how Medicare and commercial spending changed from 2020 to 2023, by specialty:
The healthcare industry has the potential to save $100 billion per year by utilizing value-based care models within specialty care, the report said.
Here are the potential savings associated with value-based care, by specialty:
Currently, value-based-care models cover about 28% of patients in...







