AccessRx Health Blog

Report shows stagnant research funding levels

Those in the health care field say more funding is needed to find answers to the many diseases that plague American’s health.  According to a new report, $140.5 billion was invested in research, money that came from both public and private sources.  While the amount seems large, those involved in the field say research is pricey.

The funding levels
According to Research! America’s latest estimate, investments in health research experienced only a 1% growth over 2009 levels, from $139 billion in 2009 to $140.5 billion in 2010. This small increase was not enough to keep pace with the rise in the cost of conducting health research.

“These findings are alarming,” said Research!America’s chair, former Congressman John E. Porter. “When health research funding stays flat, medical progress stalls, our innovation economy is affected and American jobs are lost.”

The advantages of investing more
Porter says the advantages go beyond medical breakthoughs, research also creates and maintains jobs. “A nation receives great economic and health benefits from its investment in medical and health research,” said Mary Woolley, president and CEO of Research!America. “Other nations have learned this lesson from the U.S. and are now outstripping us in the pace they are ramping up their investment.”

“We urge President Obama to include sustained, strong investment in research as a core component of the jobs plan he will be introducing to the Congress and the nation this evening,” she added.

The latest findings
While funding may not be growing as fast as some would like, there have been major advances in the health care industry.  A new way to help heart transplant patients has been discovered, and a new test to detect prostate cancer is now in place.  They are just a few of the recent developments and researchers hope many more are on the horizon.

About lisaf

As a journalist Lisa enjoys writing about a variety of topics. Over the course of the last ten years she has been involved in television news as well as print and online publications. Medical news has always been a favorite for this native New Yorker because she gets to stay on top of the latest developments in a rapidly changing field.
This entry was posted in Current Health News. Bookmark the permalink.

 

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>