Healthcare spending expected to accelerate in next decade
Access to the full content of this site is available only to registered healthcare professionals.
Register to read more
Healthcare spending is projected to accelerate in the next decade after a period of relatively slow growth, says an analysis by the Centers for Medicare & Medicaid Services (CMS) published in Health Affairs.
CMS projects the average yearly growth in healthcare spending to be 5.6%, driven by the cost of medical services and products for an aging population.
That compares with the 4.8% increase in healthcare spending in 2016.
Why this matters
The United States spent $3.4 trillion on healthcare in 2016, a number that is expected to grow to...