How Home HealthCare Can Drastically Cut Costs
A study published by the American Journal of Medicine (AJM) reported that home healthcare versus a hospital stay can provide a mean unadjusted savings of $15,233 per patient. In circumstances where extensive care is necessary, hospital costs can be financially crippling – even with insurance. In these cases, in-home care can provide significant financial relief for individuals and insurance companies and prevent further increases in healthcare costs. It can also be safer for the patient as they are not vulnerable to hospital-acquired infections and other complications of inpatient care. FirstLantic, a company devoted to quality home care, highlights six reasons why being treated at home can be better for the patient while reducing healthcare costs simultaneously. Decreased readmissions and deaths. The same AJM [...]