Spending in Medical News

U.S. Spending on Mental Health Care Soaring

Rate of increase now outstrips that for heart disease, cancer, data shows WEDNESDAY, Aug. 5 (HealthDay News) -- U.S. spending on mental illness is soaring at a faster pace than spending on any other health care category, new government data released Wednesday shows. The cost of tre...

Post-Recession Incomes Will Be Hit Hard by Health Care Spending for Middle Class Working Families, PENN Analysis Shows

PHILADELPHIA, July 31 /PRNewswire-USNewswire/ -- In a post-recession America, even though as a nation income levels may rise, middle class families still won't be shielded from the crushing burden of health care costs and will watch their standards of living continue to erode, according ...

With Medicare Plan, Drug Spending May Be Up

Researchers suspect overuse as a cause, but note that other costs are down WEDNESDAY, July 1 (HealthDay News) -- Older people who signed up for Medicare's prescription drug coverage, called Part D, spent more on drugs after enrolling than they had before but less on other types of medi...

Delaware's Partnership to Fight Chronic Disease Breakfast Highlights Promising Practices in Managing Chronic Disease Provides Solutions for Reduced Spending and Improved Patient Health

WILMINGTON, Del., June 30 /PRNewswire-USNewswire/ -- Delaware's Partnership to Fight Chronic Disease (PFCD), a coalition committed to making chronic disease prevention and management a major part of comprehensive health reform, hosted a breakfast meeting today where partner and affiliate organizat...

Understand ARRA Spending Allocations with HIMSS Analytics™ Market Intelligence

Essentials of the US Hospital IT Market - 4th Edition provides a current overview and future projections of the US hospital information technology market Chicago, IL (Vocus) June 2, 2009 -- With more than $19 billion available for US hospitals and ambulatory clinics to ...

Mail Service and Higher Generic Use Helps Keep Spending in Check, Countering Brand Drug Price Inflation and Specialty Medication Growth

-- Medco reports overall 3.3 percent Drug Trend for 2008 -- Drug Trend managed to a low 1.3 percent excluding specialty medications -- Clients with more than 40 percent mail order experienced a negative drug trend FRANKLIN LAKES, N.J., May 13 /PRNewswire-FirstCall/ -- Brand-name dru...

Actuaries: Addressing Health Spending Growth is Path to Sustainable Health Care System

WASHINGTON, May 11 /PRNewswire-USNewswire/ -- The American Academy of Actuarie s is encouraged by commitments from the Obama administration and health care stakeholder groups to tackle health spending growth and pursue options to create a more stable and sustainable health care system. "In...

Avalere Shows Home Health Interventions Associated with Lower Medicare Spending and Re-Hospitalizations for Patients With Chronic Illness

WASHINGTON, May 11 /PRNewswire/ -- Medicare patients with diabetes, chronic obstructive pulmonary disease, or congestive heart failure that used home healthcare within 3 months of being discharged from a hospital cost the program $1.71 billion less and had 24,000 fewer re-hospitalizations than sim...

President of IDF calls for government focus and spending on diabetes and other NCDs

The International Diabetes Federation (IDF) today announced that its President, Professor Martin Silink has called on governments worldwide to recognize the severe impact of diabetes and other non-communicable diseases and take immediate action to ameliorate the threat. Speaking today at the E...

U.S. Mental Health Spending Rises, But Many Still Left Out

Access to care improves, studies find, but treatment quality lags for elderly, vets TUESDAY, May 5 (HealthDay News) -- Mental health spending in the United States increased 65 percent in the past decade, and many more Americans are using mental health services, but there's still a big ...

Stimulus Spending Targets Modernization of the Nation's Research Infrastructure

Research Facilities 2009 conference delivers critical components for successful projects. Orinda, CA (PRWEB) March 18, 2009 -- The $787 billion American Recovery and Reinvestment Act (ARRA), allocates billions of dollars to the NIH, NSF, NIST, DOE and state governments ...

Taming Wide Variations in Spending Key to Health Reform - New England Journal of Medicine Commentary from Dartmouth Atlas Project

Dallas Medicare spending is growing twice as fast as San Diego. The system rewards physicians for providing care even when it is not needed. LEBANON, N.H., Feb. 25 /PRNewswire-USNewswire/ -- The cost of providing health care to seniors is rising more than twice as fast in Dallas as in Sa...

Consumers Spending Less on Prescription Drugs

Retailers can manage perception of price and price itself Kurt Salmon Associates says NEW YORK, Feb. 25 /PRNewswire/ -- Consumers say they are spending an estimated 3% less on prescription drugs this year versus last year thanks, in part, to the economic downturn, according to Kurt Salmon A...

Recession Scrambling Health Spending in U.S.

As more people lose their jobs and health insurance, they're turning to federal programs such as Medicaid, report says TUESDAY, Feb. 24 (HealthDay News) -- Although millions of Americans have lost their jobs -- and their health insurance -- during the current recession, health care spe...

New health reform strategy would insure everyone, improve health and slow spending growth

New York, NY, February 19, 2009A comprehensive set of insurance, payment, and system reforms could guarantee affordable health insurance coverage, improve health outcomes, and slow the growth of health spending by $3 trillion by the end of the next decade, according to a new report released today ...

Personal Health Technology Spending to Exceed $460 Million in the Disease Management Sector in 2013

Competitive pressure and congressional stimulus funds drive adoption DALLAS, Feb. 17 /PRNewswire/ -- Providers of personal health technologies such as health monitoring devices and personal health records (PHR) can generate over $460 million in revenue in 2013 by targeting the disease manage...

How much is the world spending on neglected disease research and development?

The first comprehensive survey of global spending on neglected disease R&D, published in this week's PLoS Medicine , finds that just over $US 2.5 billion was invested into R&D of new products in 2007, with three diseasesHIV/AIDS, TB, and malariareceiving nearly 80% of the total. However, the s...

Hospitals and Health Systems to Cut Back on Both Capital Spending and Unprofitable Services in 2009

New Study from Noblis Center for Health Innovation Discusses the Impact of the Economic Crisis on Hospitals and Health Systems FALLS CHURCH, Va., Jan. 19 /PRNewswire/ -- A new report released today from the Noblis Center for Health Innovation, a leading non-profit advisory firm to health ...

Facing Large and Uncontrollable Financial Losses on Individual Policies, Blue Cross Blue Shield of Michigan Will Cut Up to 1000 Jobs in 2009, Reduce Spending and Seek Rate Increases on Individual Plans

DETROIT, Jan. 16 /PRNewswire/ -- Blue Cross Blue Shield of Michigan announced a series of actions today to preserve its financial health by partly offsetting projected losses on its individual health plans that could exceed a cumulative total of $1 billion from 2009 through 2011. Daniel...

Comparative Effectiveness Research Tools Address Variations in corporate spending

In tough economic times companies can employ comparative effectiveness research tools to address large, unwarranted variations in project management, web marketing promotion, and health & welfare benefits corporate spending. Phoenixville, Pennsylvania (PRWEB) Januar...

Health Care Spending in U.S. Grew at Lowest Rate in a Decade

But consumers are still paying more for out-of-pocket expenses, reports say TUESDAY, Jan. 6 (HealthDay News) -- Due to slower spending on prescription drugs, health-care spending in the United States grew at the lowest rate in a decade in 2007, a new federal report found. Yet despit...

Maximize Flex Spending Account Funds Before They Expire

BANNOCKBURN, Ill., Dec. 4 /PRNewswire/ -- Omron Healthcare, Inc. reminds consumers to take full advantage of the remaining dollars left in Flex- Spending Accounts (FSA's) before they expire by purchasing products to take control of their personal and family health such as home blood pressure monit...

Heart Failure Accounts for 37% of Medicare Spending

Patients with the condition see doctors far more frequently, study finds WEDNESDAY, Nov. 12 (HealthDay News) -- Medicare beneficiaries with heart failure have many more doctor visits and take more medications than those without heart failure, researchers are reporting. They based th...

2008 National Ergonomics Conference and Expo to Focus on Ways to Increase Productivity and Reduce Spending in the Workplace

NEW YORK, Nov. 11 /PRNewswire/ -- The 14th Annual National Ergonomics Conference and Exposition (NECE) at Caesars Palace, Las Vegas, Dec. 2 - 5 will be attended by ergonomics, safety and other key decision makers representing national and international organizations, including: American Airlin...

Testifying Before Congress, Trust for America's Health Urges FDA Spending Cap Until Realistic Budget Request is Made

Group Warned of Risk to the Public in Recent Report WASHINGTON, Sept. 17 /PRNewswire-USNewswire/ -- Jeffrey Levi, Executive Director of Trust for America's Health (TFAH), testified before the House Appropriations Subcommittee on Agriculture, Rural Development, FDA and Related Agencies today...

CVS/pharmacy Makes It Easier for Consumers to Save Money and Track Spending with Health Savings and Flexible Spending Accounts

WOONSOCKET, R.I., June 18 /PRNewswire/ -- According to a recent study(1), more than 6.1 million Americans are currently enrolled in health savings account (HSA)-eligible insurance plans, a 35 percent increase since last year. Consumers are increasingly turning to health savings and flexible sp...

Healthcare Industry Spending on Telecommunications Services Hits $55 Billion Over Next Five Years, Says Insight Research

BOONTON, N.J., May 29 /PRNewswire/ -- The hospitals, physicians, pharmaceutical companies, and insurance providers that make up the $2.3 trillion US healthcare system will be spending $55 billion on telecommunications services over the next five years, says a new market research study released...

Diabetes Drugs Emerge as Top Force in Drug Spending Growth

- Generics Lead to Plunge in Cholesterol Drug Spending Despite Higher Use - - Cancer Drug Spending Seen Surging 46-53 Percent Through 2010 - - Drug Trend Drops to All-time Low 2 Percent - FRANKLIN LAKES, N.J., May 15 /PRNewswire-FirstCall/ -- Diabetes treatments are now the leadin...

Teens Spending Too Much Screen Time

Girls in poor neighborhoods most likely to watch TVs or computers, study finds WEDNESDAY, March 12 (HealthDay News) -- A new survey reports that teenagers spend far too many hours a week in front of TVs and computers, and those in poor neighborhoods have even more "screen time." "Th...

As Healthcare Spending is Predicted to Exceed 4 Trillion in Less Than 10 Years, Technology will be Called upon to Stem the Tide

LEXINGTON, Ky., Feb. 28 /PRNewswire-FirstCall/ -- VirtualHealth Technologies, Inc. (OTC Bulletin Board: VHGI) President, Jim Renfro, today responded to a recent series of articles that predict by 2017, total health care spending will double to more than $4 trillion a year, accounting for one o...

U.S. Health Care Spending to Double by 2017, Report Predicts

Spending could hit $4.3 trillion, account for one-fifth of gross domestic product,,,, TUESDAY, Feb. 26 (HealthDay News) -- Spending on health care in the United States could double by 2017, reaching $4.3 trillion and accounting for 19.5 percent of the nation's gross domestic product, a...

Back Pain Spending Up, Relief Down

Extra dollars aren't buying results, study says TUESDAY, Feb. 12 (HealthDay News) -- Americans are spending more money trying to ease back and neck pain, but new research suggests those extra dollars aren't buying more relief. The increased expenditures were expected, said the auth...

Medicare Drug Plan Fuels Health-Care Spending

But Medicaid spending slowed for first time since its inception in 1965,, TUESDAY, Jan. 8 (HealthDay News) -- The new Medicare prescription drug plan was largely responsible for an 18.7 percent increase in Medicare spending in 2006, which was double the increase in spending from the ye...

Higher Medicare spending yields mixed bag for patients

BOSTON, Mass. (January 8, 2008)Many recent studies have found that Medicare spending across the country varies greatly. But despite these spending differences, aggregate health outcomes tend to be the same no matter which region a person lives in. Because of this, some policy makers have determine...

Statement by American Heart Association Immediate-Past President Raymond Gibbons, M.D. on Congressional Omnibus Spending Bill

WASHINGTON, Dec. 19 /PRNewswire-USNewswire/ -- The Bush administration and its supporters have delivered a one-two punch to Americans with a spending bill that fails to adequately fund medical research and protect us from genetic discrimination. The omnibus bill approved by the House is a real...

Health care savings, coverage for all could lower spending $1.5 trillion over 10 years

December 18, 2007, New York, NYGuaranteed health insurance for all combined with several federal policy options to achieve health care system savings could result in $1.5 trillion in reduced spending over 10 years, according to a new Commonwealth Fund report prepared by Fund staff and the Lewin Gr...

Retirees spending freely

As the baby boomer generation begins to join the ranks of the retired so policy makers must a fresh look at their behaviour as consumers, says a new study funded by the Economic and Social Research Council. Far from being simply media creations, it seems that the caricatures of silver surfers ...

'Tis the Season ... to Utilize Your Flexible Spending Account on Vision Care

WASHINGTON, Dec. 12 /PRNewswire-USNewswire/ -- Most of us are counting down the days leading up to the holidays, but while you're busy thinking of others, the Vision Council of America reminds you that time is running out to spend any remaining funds you may have in your flexible spending acco...

Blunt: Democrats' Flawed Spending Compromise

WASHINGTON, Nov. 16 /PRNewswire-USNewswire/ -- House Republican Whip Roy Blunt (Mo.) issued the following statement today on congressional Democrats' alleged "compromise" offer to reduce their spending demands from $22 billion to $11 billion: "This week Democrats offered to 'compromise' and ...

New Records & Information Management: Are You Spending Right on Records Management, Data Security and Compliance?

CHAPEL HILL, N.C., Nov. 2 /PRNewswire/ -- Records and Information Management (RIM) programs have long played a vital role in the success of their parent organizations through reducing risk exposure and streamlining access to critical internal information. Today the programs account for over $1...