February 19, 2021
Against All Odds, Home Health Care Helped Bend 2020’s Cost Curve
Posted in: News
Home Health Care News
For the first time in decades, U.S. health care spending may have actually decreased in 2020, new data suggests.
Several factors likely contributed to the potential decrease, according to nonprofit research and consulting firm Altarum, which released a preliminary analysis of last year’s national health spending on Tuesday. Such factors include year-over-year declines in hospital and nursing home care, along with an increase in home health care.
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