ANN ARBOR — An article just published in the New England Journal of Medicine indicates that a downward bend in the health care cost curve is not simply the result of the recession which began […]
Health spending in May 2012 grew by a modest 3.8 percent compared to May 2011, continuing a trend of roughly 4 percent annual growth since 2009.
Health care job growth slowed in April, with just 19,000 new jobs created compared to the 24-month average of 24,000 jobs, according to Ann Arbor’s Altarum Institute.
“We appear to be in a beneficial period where the health sector is creating jobs the economy clearly needs, yet rates of increase in health spending and prices are still near historic lows,” said Charles Roehrig, director of the Center for Sustainable Health Spending.
New analysis shows that health care spending in the U.S. in 2011 grew at one of the slowest rates in 50 years.
The January Health Sector Economic Indicators briefs released by the Altarum Institute indicate that over the first 11 months of 2011, health spending has grown at an annual rate of 4.5 percent, compared to the 3.9 percent increase for 2010. This growth was driven by high spending early in 2011 followed by a gradual, steady decline.
The December Health Sector Economic Indicators briefs released today by Altarum Institute’s Center for Sustainable Health Spending indicate that October health price inflation, at 1.9 percent, represents a 13-year low; health spending growth in October ticked down to 5.0 percent, and health employment in November exhibited below-average growth of 17,000 jobs.
The Michigan Center for Effective IT Adoption announced Thursday that more than 3,724 primary care providers in Michigan have committed to adopting electronic health records to help improve their quality of care and lower health care costs.
Health care spending in the first four months of 2011 grew at an annual rate of 4.7 percent, up from 3.9 percent growth in 2010, according to the July Health Sector Economic Indicators briefs released by Altarum Institute’s Center for Sustainable Health Spending.
Health care prices in April 2011 were just 2.0 percent higher than in April 2010 — the fourth consecutive month of 2 percent or less growth, according to this month’s Health Sector Economic Indicator report released by Altarum Institute’s Center for Sustainable Health Spending.