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A Satellite Account for Health in the United States.

ABSTRACT: This paper develops a satellite account for the US health sector and measures productivity growth in health care for the elderly population between 1999 and 2012. We measure the change in medical spending and health outcomes for a comprehensive set of 80 conditions. Medical care has positive productivity growth over the time period, with aggregate productivity growth of 1.5% per year. However, there is significant heterogeneity in productivity growth. Care for cardiovascular disease has had very high productivity growth. In contrast, care for people with musculoskeletal conditions has been costly but has not led to improved outcomes.

SUBMITTER: Cutler DM 

PROVIDER: S-EPMC9070842 | biostudies-literature | 2022 Feb

REPOSITORIES: biostudies-literature

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A Satellite Account for Health in the United States.

Cutler David M DM   Ghosh Kaushik K   Messer Kassandra L KL   Raghunathan Trivellore T   Rosen Allison B AB   Stewart Susan T ST  

The American economic review 20220201 2

This paper develops a satellite account for the US health sector and measures productivity growth in health care for the elderly population between 1999 and 2012. We measure the change in medical spending and health outcomes for a comprehensive set of 80 conditions. Medical care has positive productivity growth over the time period, with aggregate productivity growth of 1.5% per year. However, there is significant heterogeneity in productivity growth. Care for cardiovascular disease has had very  ...[more]

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