Report
Negating Economic Fatalism in U.S. Health Expenditure
posted by David W. Johnson on October 28, 2014
Found in US, categorized in Healthcare
Report Cover
Headline
Inefficient health expenditure is not America's destiny.
Abstract
Government experts just published 2013-2023 projections for U.S. national health expenditure. After five years below 4%, CMS forecasts roughly 6.0% annualized growth resulting in whopping healthcare expenditures totaling $5.2 trillion in 2023, representing 19.3 percent of GDP.
These projections embody an economic fatalism that insists healthcare expenditures will always consume a greater percentage of the U.S. economy. Inefficient health expenditure is not our destiny. The government’s analysis neglects a fundamental shift in healthcare supply-demand relationships driven by market demands for more productivity, transparency and value.
About David W. Johnson
Dave is the CEO and founder of 4Sight Health, a healthcare boutique specializing in thought capital, strategic advisory services and venture investing. 4Sight Health operates at the intersection of healthcare economics, strategy and capital formation. The company’s four-stage analytic (Assess. Align. Adapt. Advance.) reflects the bottom-up, evolutionary character of disruptive, market-driven reform. Mr. Johnson speaks frequently, authors a widely-read blog on market-driven healthcare reform and is currently writing Market versus Medicine: America’s Battle for Better Healthcare at Lower Prices that will publish in 2015.
Recent Reports
- Obama Speaks: A Presidential Assessment of Obamacare on July 19, 2016
- Market vs Medicine: America’s Epic Fight for Better, Affordable Healthcare on June 16, 2016
- Great Consumer Expectations: Data-Enabled Healthcare Outcomes and Service on June 02, 2016
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