According to the Centers for Medicare & Medicaid Services (CMS), National Health Expenditure (NHE) was $12,530 per person in 2020, accounting for roughly 19.7% of GDP. Also, a study by Humana Inc. revealed that over 25% of US healthcare spending is wasted, which can be attributed to administrative difficulties, duplicate services, unnecessary treatments, prescription pricing, and readmission rates.
Check out the following infographic by ScoreDoc to find out the latest exciting technological trends in the healthcare industry.