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The latest HSEI briefs incorporate new health spending data from the Centers for Medicare & Medicaid Services (CMS), confirming the slowdown we had been reporting in national health spending growth in 2021.
Health spending growth and GDP growth are both moderating, health care price growth and economywide inflation continue to slow, and health care job growth remains strong across all major settings of care.
National health spending growth continues to lag nominal GDP increases; health care price growth remains below slowing economywide inflation; health care wage growth has moderated somewhat; and health employment gains remain strong.
National health spending is growing faster than the pre-pandemic pace but slower than economywide inflation, negative Medicare price growth is keeping health care inflation under control; and health care jobs have returned to the pre-pandemic level.
Economy-wide inflation continues to outpace national health spending growth, health care price inflation increases for the fourth straight month, and health care job growth continues across all major settings of care.
National health spending shows early signs of acceleration; health care price growth is above average for second straight month; and health care job growth is strong as economywide jobs return to the pre-pandemic level.
National health spending continues to decline as a share of GDP, health care price growth finally accelerates as private prices jump in June, and health care hiring picks up.
National health spending is declining as a share of GDP, health care price growth remains well below economywide inflation, and health employment continues to show moderate growth.