Date Added: Aug 2009
Public health care spending in the United States is expected to have its largest single year increase in 2009. Once the recession starts to ease next year, there should be an upturn in both private and public health care spending. Starting in 2010, private health care spending is expected to rise by 4.2 percent. By 2018 health care spending is projected to reach $4.4 trillion - - accounting for 20.3 percent of the U.S. Gross Domestic Product (GDP). Costs need to be controlled to ensure that health care is affordable for everyone. This paper explores what is unique about Medical and Healthcare Project Management in general and particularly in the new economy.