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MAY 21, 2024

Healthcare Business Decisions Require New Approaches

By Ethan Covey
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SAN DIEGO—Challenged by an era of exploding, unsustainable growth, healthcare needs innovation. Yet conflicting efforts by core stakeholders are only contributing to the rising costs.

The problem has been caused by a convergence of factors, including an aging U.S. population and widespread clinician shortages that are causing increased healthcare spending. The Centers for Medicare & Medicaid Services (CMS) estimates that total healthcare spending will be more than 19% of