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Healthcare organizations are stepping up to the plate when it comes to older adult care and chronic care management, according to a recent report from BDO Center for Healthcare Excellence & Innovation.
The report, which was informed by an NEJM Catalyst survey, found that healthcare organizations are looking into home health services, strong chronic disease plans, and health IT to address the needs of a growing aging population.
By 2029, estimates show that senior patients will make up 20 percent of the population and a considerable share of healthcare spending. As it stands now, senior patients and patients with chronic illness only make up about 5 percent of the population but nearly 50 percent of healthcare spending. Organizations are looking to cap those rising costs.