CMS (Centers for Medicare and Medicaid Services) announced that their actuarial report shows that Medicaid is set to grow 7,9% per year for the next 10 years, or roughly double the GDP rate of the US.
Good news for healthcare product manufacturers and providers if you believe the payer (reimbursement) side of the Porter model.
Of course for the more skeptical and realistic among us – watch out for the next wave of cost cutting for healthcare products and the elimination or downgrading of services.
The full report is available here.
