Medicare spending increases with patient age

The U.S. population is aging, and naturally healthcare costs rise in older age groups. A new Kaiser Family Foundation study has quantified how much Medicare spending increases in the aging population, according to a Mnet report. Here are three things to know from the study.

Advertisement

•    Medicare beneficiaries ages 80 and older account for the largest portion of Medicare spending.
•    Spending per capita more than doubles in patients ages 70 to 96, increasing from $7,566 to $16,145.
•     Spending declines once again for beneficiaries living in their late 90s and longer.

More articles on coding and billing:
Indiana launches healthcare price transparency website
16 statistics on medical coder salary, education
in2itive names Brandi Chesney director of revenue management

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Register to Attend Webinar

Is ambulatory care healthcare’s big margin engine? 4 leaders weigh in

Wednesday, July 29
1:00 PM - 2:00 PM CDT

Presenters: Joe Ganley, athenahealthJeffrey Flynn, CASC, Gramercy Surgery CenterBryan Tsao, Access Center, Loma Linda University HealthJason Zepeda, Northridge Hospital Medical Center, CommonSpirit HealthGreg DeConciliis, PA-C, CASC, Boston Out­Patient Surgical Suites

Advertisement

Next Up in ASC Coding, Billing & Collections

Advertisement

Comments are closed.