Day: March 4, 2015

Author:  Gerda Koch, MA, RHIA; Technical Review by Catherine Ward, MBA, RHIA and Stephanie Donovan, MBA, RHIA Publisher: Cengage Learning – 356 pages Book Review by: Sonu Chandiram The health care industry has become the largest contributor to the gross domestic product of the United States, with data showing that today the share is over 18 percent. By 2022, it is estimated to be 20 percent or more: over $5 trillion. And if you look at employment growth numbers in different sectors of our economy since the last recession began in 2008 up to now, you will note that...

Author: James W. Henderson Publisher: Cengage Learning – 489 pages Book Review by: Sonu Chandiram The numbers on health care costs and spending in the United States are staggering, to say the least. The increase in actual dollars spent and the rate spending growth in the last 65 years is incredible and mind-boggling. Here are some statistics to consider, that the author James W. Henderson provides us in the first chapter: In 1950, the total spending on health care per person in the U.S. was just $82 for the whole year. Today, it is estimated that the spending for...