HealthLeaders Media June 17, 2024
The healthcare expenditure forecast is outpacing just about everything.
KEY TAKEAWAYS
– Healthcare spending is expected to jump more than 50% by 2032, according to new forecasts.
– Physician services and hospital spending are two major spending categories.
– Value-based care isn’t cutting costs as much as the industry has hoped.
Healthcare spending is soaring and is expected to climb even higher over the next eight years. But the impact will be felt in places other than the consumer’s wallet.
Two new reports: The CBO National Health Expenditure Forecast to 2032, and The Bureau of Labor Statistics CPI Report for May 2024 and Last 12 Months (May 2023-May2024) are predicting significant increases in healthcare spending through 2032.
According to the...