News Headlines Article

June spending on hospital care rises at slowest rate in 28 years
Modern Healthcare

National spending for hospital care decelerated to near stall speed in June, registering the smallest year-over-year increase in 28 years, an Altarum Institute analysis has found. The revised June increase of just 0.8% is being driven by consumers and payers seeking outpatient settings for more procedures, said Paul Hughes-Cromwick, co-director of Altarum’s Center for Sustainable Health Spending in Ann Arbor, Mich. Hospitals also are elevating quality to reduce readmissions and hospital-acquired infections, among other reasons for the decline, Hughes-Cromwick said. “We hope these (quality) measures are taking effect,” he said.

Commands