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What costs $282 million an hour?

By Jay Parkinson, MD

Healthcare in America. The U.S. spent $2.472 trillion on healthcare last year, according to a paper out today in the journal Health Affairs. That’s $282 million an hour. Health spending as a percent of GDP -- a key metric that shows how much of all U.S. spending goes to healthcare -- rose from 16.2% in 2008 to 17.3% in 2009, far higher than any other industrialized country. That’s the largest one-year increase since 1960, when the feds started closely tracking national health expenditures.

via WSJ

Jay Parkinson, MD, blogs regularly at http://blog.jayparkinsonmd.com/