Tuesday, March 5, 2013

Cost Curve For Health Care Bending Down

Health Care Spending Is Transferred Out Of ICU by Dennis Cauchon.  USA TODAY.  March 4, 2013.

Medicare has experienced its longest period of slow growth since the program was established in 1966. Health care as a whole has risen at one of its slowest rates in a half-century.  The generally-recognized causes are cited in this article with a special emphasis on the Affordable Care Act.  Specifically these cost-containment measure struck my eye:  hospice instead of hospital for end of life care;  home care over nursing homes;  use of technology for in-home monitoring to prevent hospital readmission;  and perhaps most importantly providers are getting paid less and have to be more efficient.

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