Slow: budget danger ahead. CMS says 10-year healthcare spending to reach $4.3 trillion by 2017, but execs seek longer-term planning to curb costs.
The CMS delivered its latest projections last week, showing healthcare spending will double in 10 years, with just a small portion of the growth being blamed on aging baby boomers. Many saw gloom in the forecast, but one exec saw a bright side for home healthcare, expected to be among the fastest-growing sectors. "It shows that the industry is being valued as a promising alternative," says Amanda Thomas, left.
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D002017:Budgets; D014487:Centers for Medicare and Medicaid Services, U.S. / Q000191:economics*; D003363:Cost Control; D005102:Health Expenditures / Q000639:trends*; D014481:United States