Rising healthcare spending gives pause to Congress and the public.
A recent Centers for Medicare and Medicaid Services (CMS) report announced that the nation's overall rate of growth in healthcare spending rose for the second consecutive year in 2000. The increase occurred in both private and public sectors of the healthcare industry, affecting areas such as prescription drugs, hospitals (including both inpatient and outpatient services), and freestanding nursing homes and home health agencies. CMS's findings may signal the beginning of a new period of healthcare inflation, accompanied by calls from Congress and the public for greater cost controls on the part of providers.
Gundling
Richard L
RL
D014487:Centers for Medicare and Medicaid Services, U.S.; D003625:Data Collection; D005376:Financial Management; D005102:Health Expenditures / Q000639:trends*; D007250:Inflation, Economic; D008484:Medicaid / Q000706:statistics & numerical data; D006278:Medicare / Q000706:statistics & numerical data; D017149:Private Sector / Q000191:economics; D017150:Public Sector / Q000191:economics; D014481:United States