The future is in the numbers

Tuesday, September 25, 2012

Five percent of Americans consume 50% of our nation’s healthcare costs. (Agency for Healthcare Research and Quality)

Every day for the next 17 years, 10,000 baby boomers will turn 65. Of the U.S. population, 26% are in the baby boomer generation. (Pew Research Center)

By 2030, there will be about 71.5 million people over 65, more than twice their number in 2000. (U.S. Administration on Aging)

About 12 million individuals currently receive care in their homes from more than 33,000 homecare provider agencies, for causes including acute illness, long-term health conditions, permanent disability or terminal illness. (National Association for Homecare and Hospice)

Oxygen care in the home costs $6.72 per day as compared to $1,676.70 per day for short-stay hospital care. (AAHomecare) 

Direct medical costs for COPD in the United States total $18 billion per year, nearly 9% of Medicare expenditures. (Respiratory Care)

In 2000, the United States spent $123 billion on long-term care for those 65 and older, with the amount likely to double in the next 30 years. Most of those dollars pay for care in skilled nursing facilities. (National Council on Aging)

In 2005, Medicare spent $6.8 billion on home medical equipment, less than 2% of the Medicare budget. U.S. spending on home health skilled nursing and therapies was $47.5 billion. (AAHomecare)

More than 25 million Americans (or 8.3% of the population) have diabetes. Seven million of those are undiagnosed. (American Diabetes Association)