CMS: US healthcare spending slows in nearly every corner of the market
from By Scott E. Rupp
Healthcare spending slowed in 2017 for the second consecutive year in the United States, with a limited growth rate of 3.9 percent — almost one percentage point lower than in 2016 — according to new statistics released by the federal government this month. Healthcare’s share of the nation’s gross domestic product (GDP) is 17.9 percent with total spending emerging at $3.5 trillion — the equivalent of $10,739 per person — but growing slower than the overall GDP. Why the slowing growth?
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