Chief Healthcare Executive December 20, 2021
National health expenditures rose nearly 10% in 2020. But some consumers delayed care and avoided hospitals.
The COVID-19 pandemic drove national spending on healthcare to $4.1 trillion in 2020, a 9.7% increase, according to a recent report.
The Center for Medicare and Medicaid Services tallied up the spending figures in a Dec. 15 report published in Health Affairs. The worst public health crisis in a century drove the dramatic overall increase in spending on healthcare.
However, health spending in some areas didn’t necessarily see big increases, another ripple effect of the coronavirus pandemic. In fact, spending fell in some areas.
The financial figures in the coronavirus pandemic pale in comparison to the truly important numbers. More than 800,000 people have...