Hospice News June 25, 2025
The health care sector by 2033 will comprise more than 20% of the United States’ Gross Domestic Product, up from 17.6% in 2023.
The nation’s total health expenditures are projected to reach $8.6 trillion in 2033, according to a report from the U.S. Centers for Medicare & Medicaid Services (CMS) that was published in Health Affairs on Wednesday.
Increased hospice utilization could help relieve part of the nation’s financial burden for health care, research has shown. Hospice care saves Medicare roughly $3.5 billion for patients in their last year of life, according to a joint report from the National Hospice and Palliative Care Organization (NHPCO), the National Association for Home Care & Hospice (NAHC) and NORC at the University of...
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