The Equipment Leasing & Finance Foundation has released a new study identifying cost and technology as the two key themes underlying virtually every trend and issue impacting the healthcare industry, one of the most significant drivers of the US economy.
The report, commissioned by the Foundation and prepared by Engine Group, says that within the next decade US healthcare spending is expected to reach $6 trillion and comprise more than 19% of gross domestic product.
The study, which includes data from the Centers for Medicare & Medicaid Services, examines a wide range of issues, including growing costs associated with caring for a rapidly aging population, new technology required to meet an increasing labor shortage, and evolving government regulation.
Tom Ware, Foundation research committee chair, said: “This report focuses on the areas of the US healthcare industry that we believe to be the most relevant to the equipment finance sector.
“The research and analysis offers valuable, high-level insight for equipment finance professionals to reference in their strategic planning.”
The report is available at https://www.store.leasefoundation.org/cvweb/cgi-bin/msascartdll.dll/ProductInfo?productcd=Healthcare2019.