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Q: healthcare spending ( Answered,   0 Comments )
Question  
Subject: healthcare spending
Category: Business and Money > Economics
Asked by: dante13-ga
List Price: $4.00
Posted: 23 Mar 2005 10:34 PST
Expires: 22 Apr 2005 11:34 PDT
Question ID: 499233
How much does Canada spend on hopsitals per year.
Answer  
Subject: Re: healthcare spending
Answered By: websearcher-ga on 23 Mar 2005 10:58 PST
 
Hi dante:

That's a good, but tricky, question. Why? Well, first off, health care
is funded by both the federal and provincial governments, so you get
differing figures. Also, it is sometime tricky to find health care
costs broken down by hospitals, drugs, private clinics, etc.

However, I was able to find the following:

Drug sales rising yearly, data show (June 23, 2004)
URL: http://www.laleva.org/eng/2004/06/drug_sales_rising_yearly_data_show.html
Quote: "In Canada, drugs account for 16.2 per cent of $121.4-billion
in total health costs. Hospitals account for the largest single cost,
gobbling up 30 per cent of the pie, while physician services have
slipped to third at 12.9 per cent."
Note: That would place hospital expenditures at (121.4B *.30)
$36.42-billion in the 2003 timeframe.

Health Expenditures in Canada Forecast to Surpass $110 Billion in 2002 
URL: http://secure.cihi.ca/cihiweb/dispPage.jsp?cw_page=news_dir_v10n1_nhex_e
Quote: "In 2000, $97.4 billion was spent on health care in Canada...In
2000, 32.1% of total health expenditure in Canada ($31.2 billion) was
spent on hospitals."
Note: That would place hospital expenditures at (97.4 *.321)
$31.26-billion in 2000.

So, given that these figures are fairly consistent (in percentage and
increases over time), I would project that current hospital
expenditures are around $38-billion to $40-billion a year.

Search Strategy (on Google):
* canada "hospital expenditures" billion 2004 
* "total health costs" billion 2004 canada

I hope this helps. 

websearcher
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