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Thursday, January 26, 2017 9:02 pm

Shedding Light on the High Cost of Low Adherence

Healthcare costs are top of mind these days for all of us: patients, providers, and legislators alike. This focus is for good reason according to the most recent available figures. The Centers for Medicare and Medicaid Services (CMS) report healthcare spending increased 5.8 percent in 2015, averaging $9,990 per person. These figures are derived from the National Health Expenditure Accounts (NHEA) official estimates on total U.S. healthcare spending.1

Shedding Light on High Cost of Low Adherence (Photo credit: Kathleen Kvilhaug)

Of the nearly $3.2 trillion dollars we spend annually on healthcare goods and services, public health initiatives, government administration, insurance net costs, and health related investments, it is estimated one dollar for every nine dollars spent is wasted due to medication non-adherence.2  It’s a staggering financial total that has great impact on our overall health as patients.

Fortunately, medication non-adherence can be modified with the aid of mobile adherence tools, such as AppaGrapha, a medication reminder and more. Improving medication adherence can promote better health outcomes, lower healthcare costs, and enhance the quality of our lives.

 

References:

  1. https://www.cms.gov/Research-Statistics-Data-and-Systems/Statistics-Trends-and-Reports/NationalHealthExpendData/NationalHealthAccountsHistorical.html
  2. http://lab.express-scripts.com/lab/insights/adherence/the-high-price-of-low-adherence-to-medication