Healthcare industry management consulting has grown from a $20 billion industry in 2016 to over $45 billion in 2017, with projections topping $53 billion in 2018, says Black Book.
The overall health of the population, more advanced medical equipment and a general lack of awareness regarding the best types of treatment can all affect costs.
Even as it chips away at Obamacare, the Trump administration is solidly behind state-based initiatives to cover high-cost patients, known as “reinsurance” programs. It approved two more last week. [ED NOTE: JULY 30-31]
The financing package is a hybrid of taxable and nontaxable bonds that will, among other things, reimburse the system for more than $350 million in capital projects.