Healthcare Finance News October 8, 2018
Medical spending, future lost work from permanent disability and quality of life losses all contributed to the substantial costs of such injuries.
A new analysis by researchers from Brown University and the Pacific Institute for Research and Evaluation has found that nonfatal injuries in the U.S. in 2013 cost more than $1.8 trillion. And nearly all of those injuries were preventable.
Among the findings are that, in 2013, about one in 10 people in the U.S. were treated for an injury at a hospital, resulting in an annual cost of $1.8 trillion.
IMPACT
The team analyzed anonymized data from hospital-treated nonfatal injuries and determined three different costs for the 31,038,072 injuries: total medical spending, work lost, and decreased quality of...