The healthcare expenditure on long-term care by hospitals in Italy has seen a significant decline from 2013 to 2023. Starting at 0.5% of the total current health expenditure in 2013, it dropped to 0.2% in 2023. Key years such as 2014 (-26%) and 2019 (-36.36%) experienced sharp decreases, while 2016 showed a brief recovery (+14.29%). The variations in 2022 and 2023 were +15% and -13.04% respectively, highlighting a continuing downward trend.
Looking ahead, the forecast indicates a continued decline, with the value dropping to 0.07% by 2028. The forecasted five-year CAGR is -16.26%, suggesting a substantial annual reduction. This consistent decrease could be driven by shifts in healthcare policies and resource allocation.
Future trends to watch:
- Changes in government funding policies for long-term care by hospitals.
- Impact of technological advancements on reducing long-term care costs.
- Shifts towards community and home-based care solutions.
- Demographic trends influencing demand for long-term care services.
- Potential impacts of economic conditions on healthcare budgets.
