The Social Impact Of Mixing Business & Medicine #infographic

The Social Impact Of Mixing Business & Medicine #infographic

Healthcare spending in the U.S. is more than 18 per cent of GDP – and growing. Healthcare spending for various OECD nations has been hovering around 8.8 per cent of GDP since 2009. The Social Work Degree Center discusses what happens in society when medicine is incorporated into a commercial enterprise. After COVID-19 will the American healthcare gadget find a way ahead?

In the U.S., costs of nonadherence treatment range from $100 billion to $289 billion per annum. In patients with chronic illnesses, treatment nonadherence will cost $949 to $44,190 — due to worsening symptoms, complications, and hospital readmittance. BUT, compounded adherence to prescription reduces overall spending by $37 for each $1 spent on medication. Every year, more than 26,000 American adults * die because of a lack of fitness insurance plan — the uninsured face between 25% and 80% more likely to die

The Social Impact Of Mixing Business & Medicine #infographic

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