hHospitals, well being insurers and different provider-related firms return in individual to the JP Morgan Healthcare Convention for the primary time for the reason that coronavirus upended the economics of well being care. However the extra issues have modified since then, the extra they’ve stayed the identical.
Well being care wolfed up 18.three% of the US financial system on the finish of 2021, based on the newest information from federal actuaries. That was a rise from 17.6% in 2019, reinforcing billionaire Warren Buffett’s characterization of the well being care system as a “tapeworm.” Of the $four.2 trillion People spent on well being care in 2021, practically 60% went to hospitals, outpatient facilities and docs, about the identical as in earlier years.