Research/Data: Health Care: Bureau of Economic Analysis (BEA) Releases for the First Time Detailed Data on More than 200 Medical Conditions
From the Bureau of Economic Analysis (BEA):
The Bureau of Economic Analysis for the first time released statistics that provide information on how much Americans spend to treat more than 200 specific medical conditions, such as acute myocardial infarctions, chronic kidney disease, and osteoarthritis.
The new statistics, which cover the years 2000 through 2014, are part of BEA’s Health Care Satellite Account created in 2015. The project offers a new way of analyzing health care spending by breaking out spending by the treatment of disease, rather than by place of service such as a hospital or doctor’s office.
What’s new with the more detailed release is information for 261 detailed medical conditions as well as 63 broader medical groupings such as heart conditions and hypertension.
This [interactive] infographic lays this out for you.
Until now, spending information was available only for 18 much more expansive categories, such circulatory, musculoskeletal, and respiratory conditions.
The newly available detailed statistics provide researchers and other data users a fresh tool to gain deeper insights into spending patterns to treat different medical conditions. No other official data source regularly produces such statistics at this level of detail.
The Health Care Satellite Account provides an alternative view of the health care sector that may lead to a better understanding of health care spending trends and policies. Statistics cited in this blog come from BEA’s “Blended Account,” which combines data from multiple sources, including large claims databases, covering millions of enrollees and billions of claims. The newly released statistics, along with information about BEA’s Health Care Satellite Account, are available on our public website.
Read the Complete Post From BEA
About Gary Price
Gary Price (email@example.com) is a librarian, writer, consultant, and frequent conference speaker based in the Washington D.C. metro area. He earned his MLIS degree from Wayne State University in Detroit. Price has won several awards including the SLA Innovations in Technology Award and Alumnus of the Year from the Wayne St. University Library and Information Science Program. From 2006-2009 he was Director of Online Information Services at Ask.com. Gary is also the co-founder of infoDJ an innovation research consultancy supporting corporate product and business model teams with just-in-time fact and insight finding.