Healthcare spending soared in the last three months as millions of people obtained coverage under the Affordable Care Act, according to a report the Bureau of Economic Analysis announced Wednesday.
Although the Affordable Care Act has implemented different ways to remove waste from the healthcare system, it has yet to succeed at reducing costs. Instead, the ACA might lead to more spending now that millions of people have gained insurance.
A year after Massachusetts implemented a law to cap health spending, execs from large hospitals and insurance companies discussed steps they're taking to help lead the charge toward cutting costs, including implementing coordinated care and boosting quality.
A Washington Post editorial calls on leaders commemorating the March on Washington to recognize the link between escalating healthcare costs and injustice.
Healthcare costs will return to historic averages of about 7 percent by 2019 compared to the 3.9 percent from 2009 to 2011, which was the lowest growth rate since 1960, according to a new study from the Kaiser Family Foundation.
The Commonwealth Fund concluded that quickly implementing payment and delivery reforms, such as pay-for-value and accountable care, could slow healthcare spending by $2 trillion over the next decade.
When it comes to breast cancer screening, higher spending doesn't mean improved outcomes. Rather, it means millions of Medicare dollars wasted, according to a study in J AMA Internal Medicine.
If insurers can dramatically change how they pay doctors, healthcare costs could decrease by $200 billion to $600 billion during the next 10 years, according to a new report from UnitedHealth Group.
More doesn't mean better, according to U.K. doctors who challenge the idea of overly aggressive care, which they estimate causes 30,000 deaths among Medicare recipients in the United States each year.
Massachusetts has become the first state in the nation to adopt sweeping legislation aimed at controlling the cost of healthcare.