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The Multi-faceted Economic Impacts Associated with the Increased Use of GLP-1 Medications

Posted by Jenny Thorvaldson & Chandler West on June 4, 2024

A new class of obesity medications known as GLP-1s has taken the U.S. by storm, with 10 million Americans having already taken the medications and 5 million still currently using them. 

GLP-1s work by decreasing appetite and can reduce calorie intake by 20% to 30% daily, according to findings from a Morgan Stanley research survey. Consumers in the survey reported reduced food consumption in many food categories, with the differences being most notable for snacks, confections, carbonated and sugary drinks, and alcohol. 

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Topics: Economics, Impact, healthcare

The Economic Impact of California Senate Bill 525: A Game-Changer for Healthcare Workers and Patients

Posted by Chandler West & Maria Lucas on May 28, 2024

California's Senate Bill No. 525 (SB 525) is making waves in the healthcare industry. This landmark legislation proposes to raise the minimum wage for healthcare workers from $15.50 per hour to $25 per hour, a move aimed at addressing staffing shortages and reducing long wait times. The bill promises to improve patient health outcomes and enhance the quality of life for healthcare workers. While the benefits are clear, the implications for the home health service industry, in particular, are profound.

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Topics: Economics, Impact, healthcare


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