News

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Altarum and VBID Health Launch Consortium to Address Waste in Health Care

Press Release


September 20, 2018

Altarum and VBID Health today announce the launch of the Research Consortium for Health Care Value Assessment, a PhRMA Foundation-funded initiative that brings together researchers working in health care value to collaborate, share findings, and develop research ideas to help address inefficiencies in health care.

Health Care Employment Accelerates as Health Spending Growth Remains Stable

Press Release


September 14, 2018

At $3.67 trillion (seasonally adjusted annual rate), national health spending in July 2018 was 4.8 percent higher than it was in July 2017, and the health spending share of gross domestic product (GDP) was 17.8 percent.

Michigan Health Endowment Fund Partners with Altarum to Evaluate Behavioral Health Access for Michigan Residents

Press Release


August 21, 2018

People living with mental illness or addiction die an average of 25 years earlier than the general population, yet many Michigan residents face barriers to critical treatment.

Revised Data Signal Accelerating Health Care Spending Growth

Press Release


August 8, 2018

At $3.66 trillion (seasonally adjusted annual rate), national health spending in June 2018 was 5.2 percent higher than it was in June 2017, and the health spending share of gross domestic product (GDP) was 17.9 percent.

Private Insurance Spending Now Growing Faster Than Public Insurance Spending

Press Release


July 26, 2018

New research from Altarum finds that spending and price growth among the privately-insured population accelerated in 2017 and early 2018 relative to Medicare and Medicaid, despite very low growth in private insurance enrollment.

Revised Spending Data and Gross Domestic Product Spurt Brings Health Share Down to 17.9%

Press Release


June 15, 2018

While earlier data suggested a recent acceleration, with revised data, we estimate spending growth of 4.7% for the first four months of 2018, barely above the 4.6% rate seen for all of 2017

Health Care Jobs Engine Propels Share of Total Jobs to All-Time High

Press Release


May 11, 2018

In April 2018, the health care sector added 24,400 new jobs, consistent with the 12-month average of 25,500 new jobs per month, but enough to propel the health share of total U.S. jobs to 10.76%, a new all-time high.

Health Care Prices and Spending Accelerating

Press Release


April 13, 2018

In March 2018, the Health Care Price Index rose by 2.2% compared to the previous year, fractionally higher than in February, and the highest rate since January 2012. Driving overall price acceleration is high hospital price growth of 3.7%, barely down from 3.8% in February—a more than 8-year high.

Health Care Spending Growth and Its Share of Economy Exhibit Remarkable Stability

Press Release


March 16, 2018

Altarum’s latest Health Sector Economic Indicators provide a second look at spending for the entire 2017 calendar year and suggest that national health spending grew by 4.6% from its 2016 level.

2017 National Health Spending Growth Estimated at 4.7%

Press Release


February 13, 2018

National health spending grew by 4.7% in 2017, according to Altarum’s latest Health Sector Economic Indicator Reports.

Economic Toll of Opioid Crisis in U.S. Exceeded $1 Trillion Since 2001

Press Release


February 13, 2018

The cost of the country’s opioid crisis is estimated to have exceeded $1 trillion from 2001 to 2017, and is projected to cost an additional $500 billion by 2020, according to analysis released today by Altarum, a nonprofit health research and consulting institute.

Altarum Introduces MIPScast™: A Scoring Tool that Helps Clinicians Achieve the Highest Possible Merit-based Incentive Payment System (MIPS) Scores

Press Release


January 23, 2018

Altarum announces MIPScast™, a user-friendly, interactive web-based tool designed to help clinicians predict and improve their Merit-based Incentive Payment System (MIPS) scores in order to comply with the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA).

National Health Spending Holds Steady at 18% of GDP

Press Release


January 12, 2018

U.S. health sector spending continues to grow at a more sustainable rate, driven in part by a slowdown in hiring, hospital spending, and price growth in hospitals, physician and clinical services, and prescription drugs, according to Altarum’s latest Health Sector Economic Indicators briefs.

Michigan Association of Health Plans Selects Payformance Solutions to Ease Medicaid Value-Based Contracts

Press Release


January 8, 2018

Payformance Solutions, a leading provider of value-based reimbursement solutions and services, today announced a pilot program with the Michigan Association of Health Plans (MAHP) in which the state's Medicaid managed care organizations (MCOs) will have the opportunity to use Payformance's TrustHub solution to collaborate through data sharing and strategic planning to uncover the best opportunities in value-based contracting.

Health Care Spending Growth Appears to Stabilize in 2016, 2017

Press Release


December 15, 2017

New data released by the Centers for Medicare & Medicaid Services (CMS), which show slower growth in 2016, combined with other slow-growth trends in 2017, suggest overall national health spending is stabilizing, according to Altarum’s monthly Health Sector Economic Indicators briefs.

WIC Pilot Program Launches Preventive Dental Services to Children in Detroit and Beyond

Press Release


December 14, 2017

A partnership between several nonprofit and government organizations has led to more than 1,000 children over the past year visiting a dentist in Wayne County.

Altarum's Response to CMS's Request for a "New Direction"

News


December 1, 2017

Altarum responded to the CMS Innovation Center’s informal Request for Information on a new direction to promote patient-centered care and test market-driven reforms that empower beneficiaries as consumers, provide price transparency, increase choices and competition to drive quality, reduce costs, and improve outcomes.

Controlling Healthcare Spending Through Bundled Payments

Press Release


November 21, 2017

Altarum and Payer Compass announce the combining of Altarum’s PROMETHEUS Analytics®, the model for all bundled payment programs implemented in the United States, and Payer Compass’s proprietary claim pricing technology, VisMed, to deliver a true, complete cost for healthcare procedures.

Altarum Introduces Payformance Solutions to Facilitate Value-Based Reimbursement Contracts

Press Release


November 16, 2017

Nonprofit research and consulting organization Altarum announces the launch of a new company, Payformance Solutions, an innovative provider of value-based reimbursement solutions and services, to advance payment transformation in the healthcare industry.

Burden of Opioid Crisis Reached $95 Billion in 2016; Private Sector Hit Hardest

Press Release


November 16, 2017

The benefits of putting an end to the opioid crisis exceeded $95 billion in 2016 according to an analysis released today by Altarum, underscoring the importance of swift investment in evidence-based interventions.

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