Category: Healthcare costs
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Hospitals bent the cost curve in the 90’s
Hospital Expenditures and Physician and Clinical Expenditures are the two largest categories of the NHE (National Health Expenditure), comprising 51% in 2010. Intriguingly, while these cost categories have been growing rapidly from 2000 to the present, we seemed to do an excellent job during the 90’s of bending the healthcare cost curve in these two categories. If only we…
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Top healthcare cost categories
This post examines the size of the different components that make up the total $2.6 Trillion National Healthcare Expenditures (NHE) of the USA. It also looks at the different growth rates of the components. This is the third installment in our series on US healthcare costs. For background to this project, which is all about…
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Eating the seed-corn of healthcare
In the prior post in this series, I concluded that controlling healthcare cost growth was about reducing the differential growth rate of NHEPC (compared to GDP per capita) by a couple of percent per year. This made me want to dig deeper into the question of what exactly is NHEPC (National Healthcare Expenditures Per Capita)? I…
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Healthcare cost growth analysis (1)
As explained in this prior post, I am working on a project to identify fertile opportunity spaces resulting from runaway healthcare costs. Here is the first installment of my investigation, my first steps to understanding the healthcare cost curves. (For details of data sources see the references at the bottom.) Typical media depiction of healthcare costs…
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Runaway healthcare costs create opportunities
We all know US healthcare costs are growing at a rate most consider unsustainable. If you accept the premise that a lot of time and attention will be focused over the next decade on ways to improve healthcare quality and reduce costs (or perhaps reduce costs without reducing quality?), then there are likely to be…