The 5.39 percent increase actually represents a slowing in the growth rate of per capita healthcare costs. Growth rates have declined 3.35 percent since May 2010, according the report.
For the twelve months ending April 2011, per capita costs covered by Medicare rose 2.48 percent, while costs covered by commercial insurers rose 7.13 percent.
The S&P report noted that healthcare costs have historically lagged following economic downturns.
Read the HFMA report on per capita healthcare costs.
Related Articles on Per Capita Healthcare Costs:
S&P: Per Capita Healthcare Costs Grew During 2010
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.
