U.S. health care expenditures ballooned in 2020 because of the COVID-19 pandemic, but they’re starting to normalize. National home health spending, in turn, experienced a comparatively small decline over the past year. That’s according to the Office of the Actuary at the Centers for Medicare & Medicaid Services (CMS), which published its annual spending analysis […]
Office of the Actuary
A new analysis from the Office of the Actuary at the Centers for Medicare & Medicaid Services (CMS) estimates that health care spending in the U.S. increased 9.7% to $4.1 trillion in 2020. And home health care, in particular, experienced robust spending growth. The retrospective analysis – which details a truly unprecedented year in health […]
National home health spending soared to a whopping $113.5 billion in 2019, according to a new analysis from the Centers for Medicare & Medicaid Services (CMS) Office of the Actuary published Wednesday in the journal Health Affairs. While that figure marked another all-time high for home health care, the U.S. government still spent far more […]
National home health spending soared to new heights in 2018, a fact that strongly reflects the ongoing shift toward home- and community-based care and away from hospitals, skilled nursing facilities (SNFs) and other institutional settings. Overall, U.S. home health spending officially hit $102.2 billion in 2018, according to a new analysis from the Centers for […]
Roughly $108.8 billion is projected to be spent on home health care in the United States in 2019, according to a newly released analysis from the Centers for Medicare & Medicaid Services (CMS) Office of the Actuary. U.S. expenditures on home health care are projected to hit $186.8 billion by 2027. An aging population, a […]
U.S. health spending grew more slowly last year that at any time in the last 53 years, according to new data from the Office of the Actuary (OACT) at the Centers for Medicare & Medicaid Services (CMS). Health spending grew at 3.6% and total national health expenditures in the United States reached $2.9 trillion, or $9,255 per person […]