Australia is often viewed as one of the most opportune markets in the Asia-Pac region, based on purchasing power, volumes, and risk evaluations. It has a well-established and connected healthcare market, with importers from all over the world, and the highest per capita expenditure on HC in the Asia-Pac region. It is quick and keen […]
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The Healthcare System in the United States of America: the Organization of Health Insurance – PART 2/3
In our previous blog we discussed the nature of the Affordable Care Act, and key figures of pre- and post Obamacare implementation, in regards to total healthcare market costs, individual medical debt and spending, insured rates and user satisfaction. In this USA healthcare system article we will discuss the backbone organizations that are funding and […]
The United States has a GDP of €14,840 bn, with a GDP growth rate of 2.4% in 2015. Over the last 5 years it has spent an average of €7,600 per capita on public healthcare, equivalent to approximately 17% of its annual GDP. Despite being one of the highest spenders on healthcare in the world, […]
This year it is more than 30 years ago that US Medicare adopted the system of Diagnosis Related Groups as part of their Prospective Payment System primarily to control the rapid rising costs of healthcare and as an initial effort to retain the solvency of the Nation’s Medicare Hospital Insurance Trust Fund.