A Controversial Topic- End of Life Cost of Care Reduced in Hospice

April 8, 2015 at 11:06 AM Leave a comment


2014 12 12 Avg Cost of Care Per Patient Hospice

End of life treatment and care is a sensitive, although necessary, topic for most. While no one wants to see a loved one having to check into hospice, the truth of the matter is that there are many reasons for doing so. The cost of care during a patient’s last year of life is reduced 12%, from an average of $71,517 to $62,819. Not only is the decision to choose hospice in end-of-life care a financial one, it is also related to quality of life. A patient checked in hospice reduces the need for hospitalizations and intensive care unit stays, which allows for less frequent emergency trips to the hospital and more consistent care.

Source: Span, P. (2014, November 20). An Easier Death, and Less Costly, Too. Retrieved April 6, 2015.

Advertisements

Entry filed under: Affordable Care Act, cost of care, Elderly, Healthcare Economics, Healthcare innovation, Healthcare Policy, hospice. Tags: , , , , , , , , , .

Many Medicare Beneficiaries Seeing Their Needs Unmet, Especially When Care Being Prepaid Medicare Acute and Post-Acute Care Payments for 30-day Episodes That Began With Hospitalization and Cost Depending on Location

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Trackback this post  |  Subscribe to the comments via RSS Feed


Enter your email address to follow this blog and receive notifications of new posts by email.

Like this? Share it!

Share/Bookmark

Twitter Feed

Error: Twitter did not respond. Please wait a few minutes and refresh this page.


%d bloggers like this: