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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.
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.
Who benefits from manufacturer drug rebates? A new report from the Altarum Center for Value in Health Care examines the impact of behind-the-scenes rebates on both health plans and consumers.
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.
Funded by the Robert Wood Johnson Foundation, this report provides a summary of key trends in Q4 2017 in health care spending, prices, utilization, and employment.
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.
National health spending rose 4.7% in 2017, slightly above GDP, but keeping its share of GDP at 18%, according to Altarum’s latest Health Sector Economic Indicators Briefs.
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.