Saturday, August 28, 2010

Where is the annual $2.3 trillion in healthcare spending going?

According to recent data from the Centers for Medicare & Medicaid Services (CMS) the breakdown of who receives the $2.3 trillion of the healthcare spending in the US. looks something like this:
Hospitals $718 billion

Physician & Clinical services $496 billion

Prescription drugs $234 billion

Administrative costs $159 billion

Nursing homes $138 billion

Structure & equipment $113 billion

Dental $101 billion

Government public health $69 billion

Other personal health $68 billion

Other professional $65 billion

Home health $64 billion

Research $43 billion

OTC's and related products $39 billion

Durable medical equipment $26 billion

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