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Current healthcare system cannot survive aging population

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The U.S. has the second largest oldest population in the world. By 2050, 21.4 percent of our population will be 65 years or older. Heart disease and stroke are the leading causes of death in the U.S. population accounting for one-third of the deaths in the U.S. every year. The cost is staggering, with direct costs of 214 billion dollars and a further cost of 138 billion dollars due to lost job productivity.

Cancer is the second leading cause of death in the U.S., costing the healthcare system of approximately 174 billion dollars. Diabetes, obesity and Alzheimer’s disease are endemic and will continue to rise with an aging population. The anticipated rise in healthcare costs due to the aging population is simply not sustainable.

A new approach to care delivery is required. We’re saddled with expensive, inefficient healthcare IT (HIT) that has severed the personal connection between doctors and patients as well as between nurses and patients. If we don’t change how care is delivered in this country, the healthcare system will collapse into a sea of red ink.

The move to value-based care is sometimes cited as a way to prepare for an aging population. But value-based models depend on enough […]

Click here to view original web page at www.medicaleconomics.com

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