5 Key Observations on Healthcare Spending & Price Growth in 2013

National healthcare spending grew at an annual rate of 4 percent during the first 11 months of 2013, just above the revised all-time low rate of 3.6 percent for 2011, according to a report from the Altarum Institute’s Center for Sustainable Health Spending.

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Depending on the data for December, 2013 could be the fifth consecutive year of healthcare spending growth lower than 4 percent, according to the report. Healthcare price growth was also notably slow last year. In December, healthcare prices grew 1.1 percent year-over-year, barely above the all-time low of 1 percent recorded in October 2013.

Here are five more key statistics on healthcare spending and price growth in November and December 2013.

To read the rest of the article, visit Becker’s Hospital Review.

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