Spending in home care outpaces other healthcare sectors

Spending in home care outpaces other healthcare sectors
McKnights Senior Living, by Kathleen Steele Gaivin; 2/2/24
Spending in home healthcare outpaced other healthcare sectors in November, according to Altarum’s monthly Health Sector Economic Indicators brief, released Wednesday. “In November 2023, year-over-year spending on home healthcare grew the fastest among major spending categories, at 12.9%,” Altarum Fellow and Senior Researcher George Miller told the McKnight’s Business Daily. ... Spending on nursing home care grew 7.9%; prescription drug 12.2%; dental services 5.8%; hospital care 5.9%; Overall, personal spending on healthcare goods and services was 7.3% in November, year over year.