A February 20, 2018 issue of Modern Healthcare reported on a letter that Consolidation throughout the healthcare industry was increasing costs by driving more care from private offices to the more expensive location of hospitals, the Physicians Advocacy Institute warned in a letter to Congress. Healthcare organizations have been joining forces to try to get ahead of the… Read More
The Kaiser Family Foundation website looks at where the healthcare dollar goes. Apparently $2.3 trillion was spent on healthcare in 2010 Hospital care—31 percent Physician/clinical services—20 percent Retail Rx drugs—10 percent Net cost of health insurance—6 percent Investment—6 percent Other health, residential, and personal care—8 percent Other professional services—7 percent Nursing home care—5 percent Home… Read More
This is a AMA website that looks at why US prescriptions have dramatically increased in price. Spending on prescriptions in the US increased nearly 20% between 2013 and 2015.* It’s clear – the cost of medications is rising. What’s unclear is just how prescription drugs are priced and whether we need laws to stem the… Read More
