National Health Spending Will Reach Nearly 20% of U.S. GDP By 2027

Health Populi

every year from 2020 to 2027, the actuaries at the Centers for Medicare and Medicaid Services forecast in their report, National Health Expenditure Projections, 2018-2927: Economic And Demographic Trends Drive Spending And Enrollment Growth , published yesterday by Health Affairs. The share of health care spending sponsored/financed by Federal, State and local governments will grow to 2027, reaching 47%. GDP By 2027 appeared first on HealthPopuli.com.

Morgan Stanley sizes up Apple's healthcare opportunity, predicts $15B to $300B by 2027

Mobi Health News

The investment bank's 54-page report includes speculations about the Cupertino giant's future

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CMS: Government payers’ share of healthcare spending to reach 47% by 2027 

FierceHealthIT

CMS' Office of the Actuary released its annual health spending projections, and it says increased Medicare enrollment is the trend to watch over the next decade

Wasted: $1 of Every $4 Spent on Health Care In America

Health Populi

The Centers for Medicare and Medicaid Services (CMS) forecasts that prescription drug spending will be the fastest-growing cause of rising health spending by 2027. A study in JAMA published this week analyzed research reports that have measured waste in the U.S. health care system, calculating that 25% of medical spending in America is wasted. If spending is gauged at $3.8 trillion, waste amounts to nearly $1 trillion.

Telehealth Trends Going Into 2020

InTouch Health

billion by 2027. What to Expect from Telehealth in 2020 and Beyond. Telehealth has exploded in popularity over the last few years as care providers, state legislators, and insurance companies continue to support this technology. The telehealth industry is expected to grow exponentially over the next eight years, reaching $32.71 As the telehealth industry gains ground, more companies are looking to make a profit, spurring competition and innovation in the market for virtual care.

Spring 2019: Healthcare Updates to Know

Advanced Medical Reviews

percent of the country’s GDP in 2027, including a 4.8 A new season has arrived, and it brings new changes within the healthcare industry. To help keep you informed about these issues and how they may affect you, we’ve compiled the most important industry news. FDA Commissioner Resigns. Dr. Scott Gottlieb, the 23rd commissioner of the United States Food and Drug Administration, recently resigned after less than two years in the role.

Twilio Flex Insights 101: Dashboard vs. Analyze

Perficient

Billion by 2027. In “Contact Center Analytics – Global Market Trajectory & Analytics”, a recent report by Research and Markets, the global market for Contact Center Analytics is projected to reach US$2.6

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Medical costs projected to increase 6% by 2020, says PwC

Henry Kotula

Between 2020 and 2027, retail drug spending under private health insurance is projected to increase at a rate of 3 percent to 6 percent a year as the impact of generics on spending plateaus, biosimilars continue to see slow uptake, and costly new therapies enter the market. [link]. Utilization is still being dampened by high deductibles and other cost sharing, but at the expense of employee satisfaction.

Breaking the Cycle of Financial Toxicity

GlobalMed

health expenditures will climb to almost $6 trillion by 2027 , it’s also time to invest in innovation. Depending on where you live, healthcare is almost synonymous with high expenses. In the U.S. at least, we now expect that extensive medical treatment – whether that’s chemotherapy, ongoing dialysis visits or surgery to repair a broken femur – may involve significant medical bills.

Utilities Companies Are Getting Smart

Perficient

A report from Navigant Research indicates that the annual utility revenue opportunity in smart cities is expected to reach $100 billion by 2027. Our world thrives on power. Energy keeps our daily lives going. Whether its coal, gas or electricity, we always need power. Like He-Man said, “I have the power!” However, power isn’t unlimited and also requires great care from the companies providing it.

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