Prescription drug spending is making up only 9.5% of total healthcare cost. Learn more about what is behind the cost of medicines.
Pricing for several specialty prescription drugs, common diagnostic evaluations, and a selection of typical medical procedures
Over the years, the consistently rising medical expenditures has been affecting all the stakeholders of the current healthcare landscape around the globe. In fact, according to PricewaterhouseCoopers, the projected growth rate of medical costs for the year 2017 will remain at 6.5%. Though the rate is the same as this year, it still outpaces the … Continue reading Top 5 Causes of Drug Price Hike
Immunization is known to be one of the most important factors that can significantly impact the overall health status of a particular country. However, due to the current healthcare landscape and certain unfounded dilemma that can possibly affect the health care system, several countries are still facing the challenge of achieving an improved vaccination rate, … Continue reading Boosting Immunization Coverage to Achieve Health for All
With the continuous rise in health care costs, especially in the US, many of its citizens and residents are seeking medical treatment around the globe to find quality health services at a much lower rate. Hence, medical tourism has been one of the latest trends in the health industry. According to CDC, medical tourism refers … Continue reading Top 10 Medical Tourism Destinations Around the Globe
As these two seemingly unrelated “buzzwords” emerge and evolve, is it possible they co-exist to achieve optimal value-base medical care? How can the pharmaceutical industry thrive in a healthcare market focused on these concepts? Population Health Over the past decade, the U.S. healthcare system has been enduring a dramatic evolution as it shifts from … Continue reading Population Health & Personalized Medicine: Can they coexist?
The world is aging rapidly. The global population was 6,514.33 million in 2005. This figure increased to 7,259.69 million in 2014. The global population grew at a compound annual growth rate (CAGR) of 1.21% in this ten-year period. In the same time frame, the geriatric population (people of ages 65 years and over) grew from … Continue reading Global Aging Pattern in 9 Graphs
Healthcare expenditure is the sum of all expenses for products and services related to healthcare in a nation. It includes expenses for drugs, therapeutic procedures, emergency health services, and public service initiatives like family planning, disease prevention, and nutrition. The figure includes all public and private healthcare expenditures in the nation. The major sources … Continue reading Global Healthcare Expenditure in 8 Graphs
The Annual Report to the Nation on the status of Cancer has been created by the collaboration of four such dedicated organizations of the United States: the National Cancer Institute (NCI), the American Cancer Society (ACS), the Centers for Disease control and prevention (CDC) and the North American Association of Central Cancer registries (NAACCR). Recently, … Continue reading Liver cancer: increasing death rate in the US – Highlights of an annual report