5% of people, 51% of healthcare spend It's not that average spending is $13,500 per person It's that: 1% spend $160,000 per person 5% spend $71,000 per person 50% spend $385 per person Want to attack healthcare costs? Stop the bottom 50% from entering the top 6% How? Consider this: 90% of our health expenditure is on chronic conditions 90% of Type 2 diabetes is preventable 80% of heart disease is preventable 40% of dementia is preventable 40% of cancer is preventable Also consider that total spending per person in the bottom 50% was only $385 We aren't spending enough on keeping people healthy That's the ticket to bending the cost curve P.S. If you liked this breakdown, you'll love The Healthcare Breakdown, where I breakdown topics in healthcare for aspiring healthcare operators, founders, and professionals Check it out here: https://buff.ly/47NeASx See you out there!
Bingo! Thanks for the ‘food for thought’. Preston, you have hit the nail on the proverbial head. Now, let’s put down the weapons and join forces to do just that: Prevent preventable illnesses that cost money and high quality life. I remember when nursing leadership was concerned about the overlap between MDs and RNs providing care. Then nursing decided to focus on prevention- not on insurance’s radar screen; not profitable. Illness care, profitable and necessary. Well, RNs built a framework based on health promotion, illness prevention and would have gone under without participating in independent illness care aka NP entrepreneurs. Nursing leadership has always had a healthy respect for medical care. Now let’s see how we can place primary prevention in the hands of the professionals who are prepared to build a healthy nation. Go to www.nnpen.org to learn how. This national network of Advanced Practice Registered Nurses, NPs to be exact, knows the history and has the programs to make this happen, a veritable menu for action. Numbers matter, and time will show that reversals, as in chronic illness conditions, can happen in accounting as well. Thanks again 🎉🤝👏👏👋👋
Jonathan Harris
4mo
This data are really powerful. I can see this helping employers catch on to the fact that controlling healthcare costs is, in fact, possible.
Eric Arzubi, MD
4mo
Great insights. I know it's not the focus of your post today, but do you have any data detailing the impact of mental health conditions on overall health outcomes and costs. I believe that robust mental health treatment is the ultimate value-based care play. In general, better mental health = better overall health. And, the prevalence of mental health diagnoses is rather high.
Stanley Warren
4mo
We should start by being focused on all the chemicals that are banned elsewhere that our food has in it. The chemicals they dont have to mention are worse than the ones they do often. Also reducing sugar intake drastically and never adding it to drinks is a great way to start!
Doug Pohl
4mo
This post seems right up your alley, Ellen Brown.
Ankur Morbale
4mo
"We aren't spending enough on keeping people healthy" Mic drop.
Joseph Miller
4mo
People like to hear good things about their bad habits.
Hays Waldrop
4mo
Preston Alexander- "We aren't spending enough on keeping people healthy"= Spot on!
He's On Fire!!!! The Fiduciary process + Doctor in the plan = Slam Dunk
Medical Practice Ops ǀ GC Attorney ǀ Professor ǀ Law Textbook Author
4moThere's more to healthcare than sick care....?