HIT Consultant September 19, 2022
What You Should Know:
– McKinsey & Company’s latest report reveals inflation could result in $370 billion in an additional increase above the baseline in healthcare costs by 2027, causing the government, employers and consumers to burden the cost.
– The piece showcases the impact healthcare inflation will have over the next five years without immediate action, threatening affordability and access to care for consumers, and posing a material risk to profitability for providers, payers, and other healthcare stakeholders.
Trends in Inflation and Their Impacts on Healthcare
According to the new report by McKinsey & Company, the decade from 2010 to 2020 marked a period of relative calm for the US healthcare industry, with national health expenditures (NHE) rising at...
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