Slow: budget danger ahead. CMS says 10-year healthcare spending to reach $4.3 trillion by 2017, but execs seek longer-term planning to curb costs
Becker, C.
Modern Healthcare 38(9): 6-7 1
2008
ISSN/ISBN: 0160-7480 PMID: 18524071 Document Number: 628141
The CMS delivered its latest projections last week, showing healthcare spending will double in 10 years, with just a small portion of the growth being blamed on aging baby boomers. Many saw gloom in the forecast, but one exec saw a bright side for home healthcare, expected to be among the fastest-growing sectors. "It shows that the industry is being valued as a promising alternative," says Amanda Thomas, left.