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Healthcare spending declines for first time since 1960

Adjusted for inflation, healthcare spending in the U.S. declined for the first time in more than half a century in 2021, according to a new report from Altarum.  The first time the Centers for Medicare and Medicaid Services officially tracked health spending was in 1960, and since that time growth in national health spending has always been positive, and greater than economy-wide inflation.

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