U.S. healthcare spending is set to climb to $9 trillion by 2034, representing 20.6% of the economy, according to new federal data. | U.S. healthcare spending is set to climb to $9 trillion by 2034, representing 20.6% of the economy, according to new federal data. Actuaries cited prescription drugs as a near-term driver of utilization and cost.

While dealmaking and investment dollars may be flowing across biopharma once again, acute challenges tied to policy, pricing and more continue to dog the industry, even as…

Medicare physician spending growth will be tamped down thanks to skin substitute payment rule

People are getting more care and using lots of GLP-1 drugs, fueling a sharp increase in health care spending.

U.S. healthcare spending is set to climb to $9 trillion by 2034, representing 20.6% of the economy, according to new federal data. | U.S. healthcare spending is set to climb to $9…

Utilization — not cost growth — continues to accelerate spending, government actuaries said. Spiking prescription drug spending, including on GLP-1s, is especially acute.