Costliest 1 Percent Of Patients Account For 21 Percent Of U.S. Health Spending

21% of US health spending is from 1% of patients. These patients are among the 1 percent whose ranks no one wants to join: the costly cohort battling multiple chronic illnesses who consumed 21 percent of the nearly $1.3 trillion Americans spent on health care in 2010, at a cost of nearly $88,000 per person. Five percent of patients accounted for 50 percent of all health-care expenditures. By contrast, the bottom 50 percent of patients accounted for just 2.8 percent of spending that year, according to a recent report by the federal Agency for Healthcare Research and Quality.

Read the full story from Kaiser Health News here.

Visualizing Hospital Pricing

It’s no secret healthcare procedures often cost way more in the U.S. than they do in other countries. Healthcare costs also vary incredibly across different regions within the U.S. The health reform law has a provision that mandates greater transparency of data, which will arm the public with more information.

Beehive Media, a data visualization and design company, created interactive graphics to visualize hospital price data as part of a competition put on by the Robert Wood Johnson Foundation.

If you would like to see how the price of certain medical procedures varies, say between Nebraska and Iowa, go here to play with Beehive’s cool visualization tool.