Hospital spending is at historic lows, with its growth rate declining from 5.8 percent in 2003 to 1.9 percent in 2013, according to the AHA. Meanwhile, the growth rate for health insurance premiums went from around 13.3 percent in 2003 to 4.5 percent in 2012.
Additionally, although consolidation has increased in recent years, only about 10 percent of hospitals have been part of a merger of acquisition during the past six years, according to the infographic, which cites a report by the Center for Healthcare Economics & Policy.
More Articles on Healthcare Costs:
S&P: Annual Healthcare Services Cost Growth Slowed in May
Healthcare Price Growth Hits 20-Year Low
Growth in Healthcare Prices, Costs, Jobs at a Crawl
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
