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National health expenditures are projected to grow at a rate of 5.6% on average per year according to the U.S. Office of Actuary. The country’s aging population is expected to contribute significantly to that spending growth.
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Industry Indicators
- US consumer prices for medical care commodities, an indicator of healthcare costs, increased 2.4% in August 2017 compared to the same period in 2016.
- US consumer prices for medical care services, an indicator of profitability for healthcare services, rose 1.6% in August 2017 compared to the same month in 2016.
- Total US revenue for healthcare and social assistance rose 3.4% in the second quarter of 2017 compared to the previous year.
Posted by Daniel Sirvent.
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