RevCycle Intelligence December 14, 2023
Jacqueline LaPointe

US healthcare spending grew by 4.1% in 2022, faster than the rate in 2021 but slower than in 2020.

US healthcare spending picked back up last year, reaching a total of $4.5 trillion in 2022, according to the latest numbers from CMS.

Healthcare spending growth accelerated, growing by 4.1 percent in 2022, the data published in Health Affairs showed. That is faster than the increase of 3.2 percent in 2022 but significantly slower than the rate of 10.6 percent in 2020. Spending experienced a dramatic shift three years ago because of the COVID-19 pandemic, which spurred a spike in expenditures as government-funded programs aimed to support public health.

Government-funded public health spending for COVID-19-related support continued to decline in 2022,...

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Topics: Biotechnology, CMS, Employer, Govt Agencies, Healthcare System, Insurance, Medical Devices, Patient / Consumer, Pharma, Pharma / Biotech, Pricing / Spending, Provider, Survey / Study, Trends
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