2015 has been a fun year with plenty to talk about in healthcare.
Looking back, we made a few predictions in 2015 and got the easy ones right, but missed one badly.
After a long search, it seems that we can confirm that annual spending on physicians is about $4.6 billion.
Getting more people covered by insurance and specialty drugs were the two primary drivers behind the 5.3% increase in healthcare spending in 2014.
Healthcare spending in 2014 grew 5.3% compared to 2013, ending a five year period of virtually zero growth.
Total US spending on healthcare officially hit $3 trillion in 2014 and now accounts for 17.5% of GDP.
Tim Coan, ALN’s CEO, writes an insightful and witty blog three times a week about a variety of topics relevant to independent physician practices.