COST
SAVINGS
HOW?
Crisis
- Nursing home costs are rapidly rising. The cost of nursing home care
rose an average of 9.7% a year between 1985 and 1994. Average length of
long-term-care nationally is 2 years.
Frail
and Elderly - Furthermore, per capita nursing home spending on the
frail elderly aged 85 and over is over twenty times higher than
spending on the young elderly, aged 65 to 69.
Bedsores
commonly affect 50% of those (70+), and the oldest-old (85+), the "frail
elderly" or 18.2% of the nursing home population, the most vulnerable group.
Second, the number of these frail elderly is expected to triple or quadruple
as America ages.
Medicaid
- In addition, more and more seniors are qualifying for Medicaid by one
means or another. When financial screening occurs, it primarily affects
access for Medicaid beneficiaries. Unfortunately, nursing homes do not
get enough money to offer the best of care, whenever there is a large group
of Medicaid patients-(the longest stayers). It's not a diatribe against
Medicaid; it's just what the public is willing to spend for the elderly.
Bankruptcy
- (Nursing Homes 2000):"-Five of the nation's 10 largest nursing
home chains have filed for bankruptcy in the past year! The nursing homes
in bankruptcy represent 10% of nursing homes."
Deaths
- (Nursing Home Deaths 2001):-The number of deaths in New York City
nursing homes has jumped to 6,475 in 1999 from 3,891 in 1990, a 66% increase
over the past decade. People are going into nursing homes older, nursing
home administrators say.
Fees
- (Agency for Health Care Policy and Research -1992)-"Reported that
65% of elderly people hospitalized with broken hips develop bedsores and
that doctors fees for treatment of bedsores amounted to $2,900 per person."
(Patient Safety in American Hospitals 2004) - $2.57 million is spent on
preventable decubitus ulcers annually in America)
Options
- (Nursing Homes - U.S News 2001)-"In the past decade, there has
been about a 10% decline in residency as people find more options (Assisted
living, assisted care, adult foster care, group homes, intensive care-home,
etc.)"
Coast to Coast Wound Care Cost Saving Solutions:
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Decrease
Stage I - Stage II pressure sores.
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Prevention
of Stage II - Stage IV pressure sores
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Reduce
number of bedridden resident-patients.
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On site,
bedside, surgical debridedment.
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Early,
aggressive, intensive, surgical wound intervention.
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Reduction
of expensive enzymatic debriders.
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No use
of expensive equipment or machinery, and disabling symptoms.
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Elimination
of costly hospitalization-centers/transport.
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No connection
with pharmaceutical companies.
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No selling
of wound-care products.
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No outside
physician assistants, or licensed nurse practitioners.
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No costs,
whatsoever, to nursing care facility.
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Medicare,
Medicaid and private insurances cover costs.
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Facility
marketing advantage to our surgical service
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Nursing
staff freed for cost efficient facility care.
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Marked
decrease in anticipated liability.
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Surgically,
wounds heal faster, save time, and costs.
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Flexibility
with facility protocols to contain costs.
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Patients
get better - costs go down.
"We measure the risks, and weigh the outcomes."
Benefits | Services | Cost savings
| Litigation - Inspections | Hospital connection