By adopting digital transformation solutions that meets your older patients’ needs, you can reduce costs and simultaneously improve the outcomes and lives of aging populations. As healthcare leaders continue to face budgetary challenges, they’re also working hard to meet the needs of an expanding aging population while simultaneously controlling healthcare costs. It’s a challenge that’s compounded by the fact that our aging populations are defined by chronic conditions. According to the National Council on Aging (NCOA) , around 95% percent of patients age 65 or older have a minimum of one chronic condition, and 80% have two or more. As humans live longer, the costs associated with these statistics become even more significant. Alzheimer’s and dementia cost around $49,000 per person per year in treatment and lost wages, says the NCOA , while diabetes costs around $20,000. And as healthcare leaders face rising healthcare costs , keeping aging populations healthy and happy has only gotten more difficult. But despite these challenges, it is possible to address the needs of older populations in financially sustainable ways that allow patients to access the best care everywhere — even as they continue to age. Caring for an expanding aging population People are […]
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