A Satellite Account for Health in the United States.

TitleA Satellite Account for Health in the United States.
Publication TypeJournal Article
Year of Publication2022
AuthorsCutler, DM, Ghosh, K, Messer, KL, Raghunathan, T, Rosen, AB, Stewart, ST
JournalAmerican Economic Review
ISSN Number0002-8282
KeywordsHealth Care, health outcome, health spending

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.

Citation Key13016
PubMed ID35529584
PubMed Central IDPMC9070842
Grant ListP01 AG031098 / AG / NIA NIH HHS / United States
R37 AG047312 / AG / NIA NIH HHS / United States