Silver Book Fact

Hospital spending by Medicare increased 7.7% in 2008–from 4.7% in 2007.

Hartman M, Martin A, Nuccio O, Catlin A, et al. Health Spending Growth at a Historic Low in 2008. Health Affairs. January 2010; 29(1): 147-55. http://content.healthaffairs.org/cgi/content/full/29/1/147

Reference

Title
Health Spending Growth at a Historic Low in 2008
Publication
Health Affairs
Publication Date
January 2010
Authors
Hartman M, Martin A, Nuccio O, Catlin A, et al.
Volume & Issue
Volume 29, Issue 1
Pages
147-55
URL
Read Full Resource

Categories

  • Cost of Disease
  • Economic Burden

Related Facts

  • Out-of-pocket spending for health care was $249.4 billion in 2005.  
  • The average lenth of a hospital stay in 2007 was 5.6 days.  
  • The health share of the GDP is expected to hold steady in 2006 before it resumes a historical upward trend, reaching 19.6% of GDP by 2016.  
  • The national annual average cost for a one-bedroom in an assisted living facility increased $2,029 from 2005.  
  • Adults 45 years of age and over reporting prescription drug use in the past month for selected drug categories, by age and sex: United States, 1988-1994 and 2003-2006