Maximizing their clinical effectiveness while holding down costs is never easy, but for today’s medical practices, one sure guide is to follow the spending. And the evidence points overwhelmingly to one area — chronic medical conditions.
Aging populations, chronic needs
The fact that America is aging is no secret. According to the Population Reference Bureau, the number of Americans age 65 or older is expected to double by 2060 — to nearly 100 million. Nor is such information new. The trends have been apparent for years, and even if the estimates vary here and there, there’s no doubt that the nation’s average age is rising — bringing a lot of healthcare challenges.
America Ages — and Aches
Today, approximately 15% of Americans, some 46 million of us, are age 65 or older. Fast forward 40 years and the ranks of those eligible for Chronic Care Management are projected to reach nearly 100 million, about a quarter of the U.S. population. The exact numbers are anyone’s guess, but the trends are clear: Americans are living longer than ever. Medicine continues to make remarkable advances in the prevention and treatment of disease.