Managed Healthcare Executive May 16, 2019
National health expenditures are expected to grow 5.5% annually between 2018 and 2027 according to the most recent report from CMS. The overall healthcare tab will increase from $3.8 trillion in 2019 to $5.9 trillion in 2027.
A major component that increase in healthcare spending is money spent on chronic diseases, which provide both challenges and opportunities for healthcare organizations—even those that traditionally have not been heavily involved in that arena. To help fill gaps in the system—and to stay competitive in the ever-shifting healthcare landscape— retail pharmacies CVS and Walgreens are looking to diversify their business model and are remodeling hundreds of stores into medical-service centers targeted at customers with chronic conditions.
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