Infographic: Technology Use, Prices Drive High U.S. Healthcare Costs

Monday, December 7th, 2015
This post was written by Melanie Matthews

The United States spent more per person on healthcare than 12 other high-income nations in 2013, while seeing the lowest life expectancy and some of the worst health outcomes among this group, according to a Commonwealth Fund report. The analysis shows that in the United States, which spent an average of $9,086 per person annually, life expectancy was 78.8 years. Switzerland, the second-highest-spending country, spent $6,325 per person and had a life expectancy of 82.9 years. Mortality rates for cancer were among the lowest in the United States, but rates of chronic conditions, obesity, and infant mortality were higher than those abroad.

U.S. healthcare spending per person is highest not because Americans go to doctors and hospitals more often, but because of greater medical technology use and healthcare prices that are higher than in other nations, according to the report. Some of the reports findings are depicted in a new infographic by The Commonwealth Fund, including a comparison of: bypass surgery costs in the United States and the Netherlands; MRI exams per 1,000 people in the United States and Canada; and annual physician visits in the United States and in 34 high-income countries.

From cost pressures, consumerism and consolidation to a proliferation of patient-centered, value-based delivery and payment models, the state of healthcare continues to challenge organizations in the industry.

Healthcare Trends & Forecasts in 2016: Performance Expectations for the Healthcare Industry, HIN’s 12th annual business forecast, pins down the trends destined to impact the industry in the year to come and proposes tactics C-suite executives can employ to distinguish their operations in a dynamic marketplace.

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