RevCycle Intelligence July 12, 2017
Spending on medications, specialists, ED visits, and hospitalization contributed to a significant rise in healthcare costs.
Healthcare costs increased 47.2 percent from $246 per individual per month in 1996 and 1997 to $362 per individual per month in 2011 and 2012 despite healthcare utilization and the number of individuals seeking care remaining relatively unchanged between the time periods, a recent Annals of Family Medicine study revealed.
“Collectively, the study’s findings therefore suggest that the increases in expenditure have little to do with an increase in the number of individuals receiving services or the total volume of services, but much to do with the cost of treating the same number of individuals with the same number of services,” the authors wrote.
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