Something’s Gotta Give: Astronomical Health Costs May Be Driving Industry To Breaking Point
Modern Healthcare looks at how the sky-high cost of medical care is putting an escalating pressure on providers to offer better quality treatment for less.
Modern Healthcare:
The Transformation Imperative
One year of healthcare spending can buy 15 iPhones. Or, it can buy over 3,000 gallons of milk. Or, if you want to look at it in relative terms, U.S. healthcare spending, which in 2015 hit nearly $10,000 for every person in the country, was 29% higher than the next most expensive country, Luxembourg. (Arndt and Barkholz, 4/11)
In other news on health costs —
The Baltimore Sun:
Preserving Fertility Can Be Expensive For Cancer Patients
Lauren Malloy and her husband, Fitzhugh, had just decided to start a family last year when she was diagnosed with breast cancer. Already devastated by the diagnosis, she then learned that chemotherapy could make her infertile. Malloy, 31, had options, however. She could "preserve" her fertility either by freezing her eggs, or by freezing embryos made with her eggs and her husband's sperm. Or she could take the chance that she still would be able to conceive a baby on her own. (McDaniels, 4/10)
