Bang for Your Buck: Could Medicare's Hospital Value-Based Purchasing Program Rein in Health-Care Spending in Pneumonia
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UMass Chan Affiliations
Department of Population and Quantitative Health SciencesDocument Type
EditorialPublication Date
2020-05-01Keywords
Medicarevalue based purchasing
health care spending
pneumonia
Health Economics
Health Policy
Health Services Administration
Health Services Research
Respiratory Tract Diseases
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In 2018, US health-care spending topped $3.6 trillion, exceeding the entire gross domestic products of nations such as the United Kingdom and Brazil.1,2 At the current rate of growth, we are on track by year 2027 to spend nearly 20% of the US annual gross domestic product on health care.1 In 2018, Medicare accounted for 15% of all federal outlays in the United States, and hospital costs accounted for nearly one-half of all Medicare payments.3 Although its pace of growth had temporarily slowed, it seems to be climbing back to unsustainable levels. At the same time, with the advent of personalized medicine, the price tag for individually tailored treatments is reaching into the stratosphere.Source
Zilberberg MD, Tjia J, Shorr AF. Bang for Your Buck: Could Medicare's Hospital Value-Based Purchasing Program Rein in Health-Care Spending in Pneumonia? Chest. 2020 May;157(5):1051-1052. doi: 10.1016/j.chest.2019.12.026. PMID: 32386623. Link to article on publisher's site
DOI
10.1016/j.chest.2019.12.026Permanent Link to this Item
http://hdl.handle.net/20.500.14038/46879PubMed ID
32386623Related Resources
ae974a485f413a2113503eed53cd6c53
10.1016/j.chest.2019.12.026
Scopus Count
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