Healthcare Innovation June 14, 2024
The CMS Actuaries’ newest spending projections are challenging healthcare as never before
The level of Jungian synchronicity was rather astonishing, really: at our Healthcare Innovation Rocky Mountain Summit on Wednesday, I had literally just referenced the fact that I was anticipating an announcement at any minute from the Medicare program actuaries on their projections for overall U.S. healthcare system spending, projections that they share every year at this time. And within an hour of my referencing the actuaries, CMS (the Centers for Medicare & Medicaid Services) had announced to the press under embargo, the new numbers.
And the numbers are mindblowing. As Senior Contributing Editor David Raths wrote in an article posted later that day, “National health spending for 2023...