infographic: IMPACT OF MUSCULOSKELETAL DISEASE

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Increased incentives for medical technology investment used to treat musculoskeletal disease will generate even larger net savings over time. Reduced incentives for medical technology used to treat musculoskeletal disease will result in larger net costs. 13.2 40.7 13.4 42.2 12.7 42.4 12.5 36.2 11.9 36.6 12.6 37.7 IMPACT OF MUSCULOSKELETAL DISEASE HEALTH SYSTEM & ECONOMIC SAVINGS 30% U.S. Population in 2006 $950 billion a year¹ AFFECTS= COSTS= annual savings /person affected $24,518 $3.8B increased tax revenue Use of bone scans (MRI) and joint replacement surgery for diagnosis and treatment of people with musculoskeletal disease generates net cost savings. $ thousands 2005 2006 2007 2008 2009 2010 10 15 20 25 30 35 40 45 With technology Without technology * Includes treatment expenditures and indirect impacts. *Screening of healthy population not included. AVERAGE ANNUAL ECONOMIC BURDEN 2008-2010 ($) With technology $12,315.0 Without technology $36,832.9 Average savings $24,517.9 1.“Prevalence, Societal & Economic Cost,” The Burden of Musculoskeletal Diseases in the United States, available at http://www.boneandjointburden.org/ GAIN LOSS $308.8 billion $281.1 billion 2010 2015 2020 2025 2030 2035 2010 2015 2020 2025 2030 2035 $ billions $ billions 0 5 10 15 20 25 30 -80 -70 -60 -50 -40 -30 -20 -10 0 0.00 0.00 -3.33 -9.34 -19.68 -37.51 -67.99 8.98 16.18 21.49 25.17 27.16 THE FUTURE HEALTHY SAVINGS: MEDICAL TECHNOLOGY & THE ECONOMIC BURDEN OF DISEASE ECONOMIC IMPACT OF MUSCULOSKELETAL DISEASE, 2005-2010* Per Person Affected Study by Milken Institute. Authors: Anusuya Chatterjee, Jaque King, Sindhu Kubendran, and Ross DeVol. To view the full study, visit: http://lifechanginginnovation.org/get-facts

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Transcript of infographic: IMPACT OF MUSCULOSKELETAL DISEASE

  • Increased incentives for medical technology investment used to treat musculoskeletal disease will generate even larger net savings over time.

    Reduced incentives for medical technology used to treat musculoskeletal disease will result in larger net costs.

    13.2

    40.7

    13.4

    42.2

    12.7

    42.4

    12.5

    36.2

    11.9

    36.6

    12.6

    37.7

    IMPACT OF MUSCULOSKELETAL DISEASE

    HEALTH SYSTEM & ECONOMIC SAVINGS

    30%U.S. Population in 2006

    $950billion a year

    AFFECTS=

    COSTS=

    annual savings /person affected$24,518 $3.8B

    increased tax revenue

    Use of bone scans (MRI) and joint replacement surgery for diagnosis and treatment of people with musculoskeletal disease generates net cost savings.

    $ thousands

    2005 2006 2007 2008 2009 201010

    15

    20

    25

    30

    35

    40

    45

    With technology Without technology

    * Includes treatment expenditures and indirect impacts.

    *Screening of healthy population not included.

    AVERAGE ANNUAL ECONOMIC BURDEN2008-2010 ($)

    With technology $12,315.0

    Without technology $36,832.9

    Average savings $24,517.9

    1.Prevalence, Societal & Economic Cost, The Burden of Musculoskeletal Diseases in the United States, available at http://www.boneandjointburden.org/

    GAIN

    LOSS$308.8

    billion

    $281.1billion

    2010 2015 2020 2025 2030 2035 2010 2015 2020 2025 2030 2035

    $ billions$ billions

    0

    5

    10

    15

    20

    25

    30

    -80

    -70

    -60

    -50

    -40

    -30

    -20

    -10

    0

    0.00

    0.00

    -3.33-9.34

    -19.68

    -37.51

    -67.99

    8.98

    16.18

    21.49

    25.1727.16

    THE FUTURE

    HEALTHY SAVINGS: MEDICAL TECHNOLOGY & THE ECONOMIC BURDEN OF DISEASE

    ECONOMIC IMPACT OF MUSCULOSKELETAL DISEASE, 2005-2010*Per Person Affected

    Study by Milken Institute. Authors: Anusuya Chatterjee, Jaque King, Sindhu Kubendran, and Ross DeVol. To view the full study, visit: http://lifechanginginnovation.org/get-facts