Healthcare to Account for 20% of GDP by 2020
Healthcare spending will account for 20% of the country's gross domestic product (GDP) by 2020, according to a report by the Centers For Medicaid and Medicare Services' Office of the Actuary. The report forecasts a 5.8% annual increase in dollars spent on healthcare through the end of the decade, 1.1 percentage points higher than anticipated overall U.S. growth. Higher spending on health insurance, prescription drugs and physician services will also outstrip rising hospital costs.
This Expert voices panel focuses on Electronic Health Records 2.0, which aired on Federal News Radio (WFED) on February 28, 2012. Panelists include: Peter Basch, MD, FACP, Medical Director, Ambulatory EHR...