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What We're Reading: US Health Spending Increased 5.3% in 2014
What we're reading, December 3, 2015: health spending in the US topped $3 trillion in 2014; experts debate the true impact of proposed health insurer mega-mergers; and a survey finds ICD-10 transition has been mostly without trouble.
US Health Spending Outpaced Economic Growth
After 5 years of slow growth, health spending in the US topped $3 trillion, or $9,500 per person, according to HHS. In 2014, health spending increased 5.3%, growing faster than the economy and accounting for 17.5% of the nation’s economic output, The New York Times reported. In 2013, health spending great at the lowest rate in decades at just 2.9%.
The Impact of Health Insurer Mergers
A panel of experts on the University of Pennsylvania’s Wharton/SiriusXM radio channel discussed the proposed healthcare insurance mergers between Aetna and Humana, and Anthem and Cigna. The experts considered the insurers’ claims that the mergers would use economies of scale to improve healthcare quality while lowering costs and the concerns of the American Hospital Association and others that such mergers usually achieve the opposite effect.
ICD-10 Transition Has Been Mostly Smooth
A majority of healthcare organizations have made the transition to ICD-10 smoothly, but after 2 months, 11% still said they are struggling, according to a KPMG LLP survey. The largest challenge with the transition to ICD-10 have included rejected medical claims, clinical documentation and physician education, reduced revenue from coding delays, and information technology fixes.
Laundromats as a New Frontier in Community Health, Medicaid Outreach
May 29th 2025Lindsey Leininger, PhD, and Allister Chang, MPA, highlight the potential of laundromats as accessible, community-based settings to support Medicaid outreach, foster trust, and connect families with essential health and social services.
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Managed Care Reflections: A Q&A With Melinda B. Buntin, PhD
June 2nd 2025To mark the 30th anniversary of The American Journal of Managed Care (AJMC), each issue in 2025 includes a special feature: reflections from a thought leader on what has changed—and what has not—over the past 3 decades and what’s next for managed care. The June issue features a conversation with Melinda B. Buntin, PhD, a health economist and a Bloomberg Distinguished Professor at the Johns Hopkins Bloomberg School of Public Health and Carey Business School.
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Inside the Center's MDD Value Model and Its Use of Dynamic Pricing
May 13th 2025Larragem Raines, MS, of the Center for Innovation & Value Research, discusses the organization's major depressive disorder (MDD) open-source value model, dynamic pricing, and the future role of artificial intelligence in care.
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