The Facts About Falls
Most people do not realize the detrimental effects a fall can have on an elderly person. We want to create awareness of the potential dangers a fall can cause.
Its a known fact that people that are 85 and older are 4 times more likely to fall. The 2010 census data has recorded 30,752,166 falls from those that are from ages 65-84. Those that are older then 85 fell 4,239,587 times.
Consider the baby boomers that were born between years 1946 and 1964. They are currently between 70 and 52 years old in 2016. As they get older the number of falls will increase. By 2030, when the baby boomers will be between 66 and 84 years old, that number is projected to drop to 60 million and decrease further by 2060 to only 2.4 million. The baby boomers who remain in 2060 will be 96 years and older.
A larger population in the oldest ages relative to the working age population will increase old-age dependency and is likely to present challenges to the government, families, and businesses as they attempt to meet the needs of the growing older population.
The Affordable Care Act has reinvented reimbursement model for health care facilities. The movement away from cost and charge reimbursement approach to value-based payment approach. The ultimate goal is to transform the delivery of care for everyone, improving patient outcomes and care experiences, preventing avoidable hospitalization, and lowering costs.
CMS’ Inpatient Prospective Payment System (IPPS) promotes quality care by enacting a 1% reimbursement cut for hospitals with the poorest performance in reducing hospital-acquired conditions.
Average cost of a hospital-treated fall injury is estimated at $10,800 in direct medical care costs not including costs due to follow up care, rehabilitation, medications and caregiver burden.