Monday, September 12, 2011
Health Research Funding In US Remains Stagnant
The U.S. public and private sectors invested $140.5 billion in 2010 on research to find new ways to treat, cure and prevent disease and disability, according to Research!America's latest annual estimate*. Health research spending accounted for only 5.5% of the $2.6 trillion the U.S. spent on health care in 2010. Health research as a percentage of health care spending has hovered around 5.5% since 2005, remaining essentially stagnant. Investment in health research experienced only a 1% growth over 2009 levels, from $139 billion in 2009 to $140.5 billion in 2010...
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