Here are five notes:
1. Health spending in the United States is expected to reach $5.4 trillion by 2024.
2. Drivers of the spending growth include the Affordable Care Act’s coverage expansions, faster economic growth and population aging.
3. The health share of U.S. gross domestic product is projected to rise from 17.4 percent in 2013 to 19.6 percent in 2024.
4. In 2014, national health spending is projected to have increased 5.5 percent. The acceleration was mostly driven by health insurance coverage expansions under the ACA.
5. However, in 2015, the health spending growth rate is expected to decelerate slightly to 5.3 percent, as the effects of the coverage expansions become more moderate and drug spending growth slows down.
More articles on ASC issues:
Mercy Health and Kyruus partner to better match patients with providers: 5 things to know
Arizona’s Banner Health Network uses eClinicalWorks for electronic health records: 4 key notes
11 innovative apps for ASC administrators
At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.
