Patient Engagement January 13, 2021
A new assessment in Texas found that racial health disparities are running up a bill of $7.7 billion in excess healthcare spending and lost productivity.
There is a considerable human and healthcare cost that could have been avoided at the onset of COVID-19 had more been done to ameliorate eventual racial health disparities, amounting to thousands of lives lost and billions of dollars spent, according to analysis from Altarum on behalf of Episcopal Health Foundation.
Using figures up until the end of September 2020, the researchers found that had Black and Hispanic people in Texas been hospitalized at the same rate as their White counterparts, the state would have seen 24,000 fewer hospitalizations. That would have amounted to $550 million...