AJMC November 4, 2024
Key Takeaways
- Medical debt affects 20 million U.S. adults, with a total of $220 billion in 2021, impacting financial stability.
- The Center for Innovation & Value Research highlights broader economic impacts of healthcare, including non-medical costs like transportation and caregiver burden.
- Patient journey mapping identifies hidden costs and optimizes healthcare delivery by focusing on patient and caregiver experiences.
- Workshops aim to explore economic impacts, with the second focusing on time-related costs across demographics and socioeconomic backgrounds.
Financial toxicity is a burden many patients and their families unfortunately are forced to shoulder, leading some to delay or skip care and incur bills related to their care that they lack the financial capacity to pay off.
In February, the Census...
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Topics: Patient / Consumer