Here are five notes:
1. Healthcare spending rose 5.5 percent last year, indicating the biggest jump in spending in six years.
2. Spending is projected to rise each year through 2024 with millions of people insured under the Affordable Care Act and various expensive specialty drugs entering the market.
3. Healthcare spending is expanding to reach $5.5 trillion by 2024, according to a report by the Office of the Actuary in the Centers for Medicare and Medicaid Services.
4. Prescription drug spending rose 12.6 percent last year as opposed to 2 percent growth in the previous two years.
5. Prescription drug spending is projected to increase by 7.6 percent in 2015.
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At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.