U.S. Population in 2006 $950 - Life Changing Innovation · 2021. 6. 2. ·...
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Increased incentives for medical technology investment used to treat musculoskeletal disease will generate even larger net savings over time. Reduced incentives for medical technology used to treat musculoskeletal disease will result in larger net costs. 13.2 40.7 13.4 42.2 12.7 42.4 12.5 36.2 11.9 36.6 12.6 37.7 IMPACT OF MUSCULOSKELETAL DISEASE HEALTH SYSTEM & ECONOMIC SAVINGS 30% U.S. Population in 2006 $950 billion a year¹ AFFECTS= COSTS= annual savings /person affected $24,518 $3.8B increased tax revenue Use of bone scans (MRI) and joint replacement surgery for diagnosis and treatment of people with musculoskeletal disease generates net cost savings. $ thousands 2005 2006 2007 2008 2009 2010 10 15 20 25 30 35 40 45 With technology Without technology * Includes treatment expenditures and indirect impacts. *Screening of healthy population not included. AVERAGE ANNUAL ECONOMIC BURDEN 2008-2010 ($) With technology $12,315.0 Without technology $36,832.9 Average savings $24,517.9 1.“Prevalence, Societal & Economic Cost,” The Burden of Musculoskeletal Diseases in the United States, available at http://www.boneandjointburden.org/ GAIN LOSS $308.8 billion $281.1 billion 2010 2015 2020 2025 2030 2035 2010 2015 2020 2025 2030 2035 $ billions $ billions 0 5 10 15 20 25 30 -80 -70 -60 -50 -40 -30 -20 -10 0 0.00 0.00 -3.33 -9.34 -19.68 -37.51 -67.99 8.98 16.18 21.49 25.17 27.16 THE FUTURE HEALTHY SAVINGS: MEDICAL TECHNOLOGY & THE ECONOMIC BURDEN OF DISEASE ECONOMIC IMPACT OF MUSCULOSKELETAL DISEASE, 2005-2010* Per Person Affected Study by Milken Institute. Authors: Anusuya Chatterjee, Jaque King, Sindhu Kubendran, and Ross DeVol. To view the full study, visit: http://lifechanginginnovation.org/get-facts
Transcript of U.S. Population in 2006 $950 - Life Changing Innovation · 2021. 6. 2. ·...
Increased incentives for medical technology investment used to treat musculoskeletal disease will generate even larger net savings over time.
Reduced incentives for medical technology used to treat musculoskeletal disease will result in larger net costs.
13.2
40.7
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42.2
12.7
42.4
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37.7
IMPACT OF MUSCULOSKELETAL DISEASE
HEALTH SYSTEM & ECONOMIC SAVINGS
30%U.S. Population in 2006
$950billion a year¹
AFFECTS=
COSTS=
annual savings /person affected$24,518 $3.8B
increased tax revenue
Use of bone scans (MRI) and joint replacement surgery for diagnosis and treatment of people with musculoskeletal disease generates net cost savings.
$ thousands
2005 2006 2007 2008 2009 201010
15
20
25
30
35
40
45
With technology Without technology
* Includes treatment expenditures and indirect impacts.
*Screening of healthy population not included.
AVERAGE ANNUAL ECONOMIC BURDEN2008-2010 ($)
With technology $12,315.0
Without technology $36,832.9
Average savings $24,517.9
1.“Prevalence, Societal & Economic Cost,” The Burden of Musculoskeletal Diseases in the United States, available at http://www.boneandjointburden.org/
GAIN
LOSS
$308.8 billion
$281.1billion
2010 2015 2020 2025 2030 2035 2010 2015 2020 2025 2030 2035
$ billions$ billions
0
5
10
15
20
25
30
-80
-70
-60
-50
-40
-30
-20
-10
0
0.00
0.00
-3.33-9.34
-19.68
-37.51
-67.99
8.98
16.18
21.49
25.1727.16
THE FUTURE
HEALTHY SAVINGS: MEDICAL TECHNOLOGY & THE ECONOMIC BURDEN OF DISEASE
ECONOMIC IMPACT OF MUSCULOSKELETAL DISEASE, 2005-2010*Per Person Affected
Study by Milken Institute. Authors: Anusuya Chatterjee, Jaque King, Sindhu Kubendran, and Ross DeVol. To view the full study, visit: http://lifechanginginnovation.org/get-facts
