U.S. Healthcare Industry Drowns in Paper Records

The U.S. spends the highest amount per capita on healthcare and gets the lowest value for it. While some portion of the total money spent goes to unnecessary “defensive” medical procedures performed by doctors and other healthcare providers a large portion of the funds spent is actually wasted on paperwork. In fact, the healthcare industry …

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The Top Ten U.S. Health Insurance Companies

The healthcare industry in the U.S. is dominated by a few large companies.Private health insurance firms’ direct written premium totaled $395 billion in 2010. With additional health premiums written by life and other insurers, the total health premiums amounted to $560 billion according to SNL Financial. The number of people with no health insurance increased from 46.3 million in 2008 to 50.7 million …

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Healthcare Costs Continue To Outpace Overall Inflation

The healthcare system in the US is a mess when compared with most developed countries. Some may question whether the healthcare system is even a “system” since the system is made of a hodgepodge of actors such as thousands of healthcare companies, regulators, medical providers, billing firms, pharmaceutical firms and many others. As a result …

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Checking for Opportunities in Foreign Healthcare Equipment and Services Provider Stocks

Healthcare stocks are generally considered as defensive stocks. So investors looking for a place to hide in the current volatile equity markets can consider this sector. In this post let us take a quick look at some of the foreign healthcare equipment makers and service providers traded on the U.S. markets. The universe of foreign …

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Healthcare Expenditure as a Share of GDP Among OECD Countries 2009

According to the OECD recently released its OECD Health Data 2011 report, healthcare spending continues to rise faster than economic growth in most OECD countries. Healthcare spending reached 9.5% of GDP on average in 2009, up from 8.8% in 2008. As expected the U.S. continues to spend the most on healthcare. The following chart shows …

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Comparison of Healthcare Expenditure Across OECD Countries

Healthcare spending is about 9% of GDP on average in OECD countries. However in many countries it exceeds 10% of the GDP. Over three quarters of healthcare spending is publicly funded. The current economic crisis, ageing populations, rising budget deficits, soaring healthcare costs and other factors are forcing healthcare spending to be tightened in most …

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