There’s no guarantee the slowed trend will last, the report notes, citing a dip and rise in healthcare costs in the 1990s. Still, there’s evidence to suggest the recession is not the sole cause of the lower cost increases, and CBO Director Douglas Elmendorf said last week that “structural changes in the healthcare system” were a “significant part” of the reason.
More Articles on Healthcare Costs:
Hold Steady to ICD-10 Deadline, HIMSS Urges CMS
22 Advisory Opinions Issued by the OIG; 6 Relevant to Hospitals, Surgery Centers and Other Providers
Clinical Documentation Improvement: What Executives Need to Know and the Financial Impact of Neglect
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
