Five Chronic Conditions Account for 75% of Healthcare Spending
According to the CDC – chronic health problems such as cardiovascular disease, diabetes, obesity, cancer and kidney disease account for more than 75 percent of the nation’s $2.7 trillion annual healthcare spending.
Chronic diseases account for $3 of every $4 spend on Healthcare or $7,900 For every American with a chronic disease. Healthcare costs for a person with one or more chronic conditions are FIVE TIMES HIGHER Compared to individuals without a chronic disease.
Appropriate interventions, which include nutritional counseling, exercise training, and stress management techniques, can dramatically improve outcomes for patients at risk and those who already have common chronic diseases.
According to the Cleveland Clinic, adults with common chronic conditions who participate in comprehensive lifestyle modification programs experience rapid, significant, clinically meaningful and sustainable improvements in biometric, laboratory and psychosocial outcomes.
Making a Difference with Big Data –
There are many potential use cases where big data analytics can potentially both improve the quality of care and reduce the costs associated with chronic conditions.
To reduce chronic disease, Big Data offers healthcare providers actionable insights into high-risk patients offering the opportunity for intervention even when they are asymptomatic. It is essential to have a coordinated, strategic prevention approach that promotes healthy behaviors, expands early detection and diagnosis of disease, supports people of every age, and eliminates health disparities.
Read our thought paper – Managing Chronic Conditions using Big Data
Scalable Health specializes in providing next-generation healthcare data, analytics and digital transformation solutions enabling healthcare organizations to optimize healthcare.
We provide and support healthcare technology solutions that employ next-generation technologies such as Big Data, Social, Mobile, and Cloud to deliver cost-effective real-time platforms and products enabling healthcare organizations to improve healthcare significantly, to manage patients and disease efficiently with personalized care, reduce fraud and waste, accelerate drug development and achieve operational excellence.
Our focus on technology innovation and collaboration with the world’s leading technology companies helps us stay ahead of the curve. With extensive capabilities in healthcare technology, world-class service quality and a global resource base, Scalable Health understands industry specific challenges. Our value lies in our ability to link the best technology solution to complex business challenges in the most cost-effective and innovative way.
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