Certified Healthcare Technology Specialist (CHTS) Process Workflow & Information Management Redesign Practice Exam

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According to recent studies, how does the cost of healthcare services in the US compare to other Western countries?

  1. Significantly lower

  2. About the same

  3. Higher

  4. Less transparent

The correct answer is: Higher

The cost of healthcare services in the United States is higher compared to other Western countries, and this has been supported by various studies and reports. Factors contributing to this higher cost include expensive medical procedures, higher prices for prescription drugs, administrative costs, and the prevalence of advanced medical technology. Additionally, the U.S. healthcare system often lacks certain efficiencies found in other countries, which can lead to increased spending per capita on healthcare services without a corresponding improvement in health outcomes. When analyzing the overall expenditure on healthcare, metrics like total health expenditure as a percentage of GDP, average costs of hospital stays, and per capita spending all indicate that the U.S. significantly outspends other Western nations, making this comparison accurate.