Health Costs Inch Up As Coverage Expands
According to the Census Bureau's Quarterly Services Survey, total revenue at health care and social-assistance firms rose 3 percent in the second quarter of the year. But analysts described the increase as modest.
The Wall Street Journal: Health-Care Spending Picks Up
The sprawling U.S. health-care industry saw revenue rebound last quarter, a sign that stronger spending at hospitals and medical offices could help boost U.S. economic growth to its highest level in eight years. Total revenue at health-care and social-assistance firms rose 3% in the second quarter from the first three months of the year, the Commerce Department said Thursday in its Quarterly Services Survey. Hospital revenue rose 2.8% from the first quarter and revenue at physician offices jumped 4.1% (Leubsdorf, 9/11).
Kaiser Health News: Census Bureau: Health Costs Inch Up As Obamacare Kicks In
Doctors and hospitals treated more patients and collected more payments in the spring as millions gained insurance coverage under the health law, new figures from the government show. But analysts called the second-quarter increases modest and said there is little evidence to suggest that wider coverage and a recovering economy are pushing health spending growth to the painful levels of a decade ago (Hancock, 9/11).