Single Podiatrist Visit: $3.5 Billion in US Health Care Savings
If every American at risk for developing a diabetic foot ulcer visited a podiatrist once before complications set in, the US health care system could save $3.5 billion in one year. Closing this gap in podiatric care would reduce health care waste on preventable conditions, which reportedly starts at $25 billion, by 14 percent.
This estimation is a projection based on findings from a Thomson Reuters study published in the March/April 2011 issue of the Journal of the American Podiatric Medical Association.
The study's numbers were based upon the American population that has either commercial insurance (116 million) or Medicare (46 million) in the Thomson Reuters MarketScan Research Database. Sponsored by APMA and independently conducted by Thomson Reuters, the study measured the health care records of nearly 500,000 patients with commercial insurance and/or Medicare.
Publication in JAPMA, a peer-reviewed journal, validates these data for legislators, the media and other health care professionals. APMA has created a variety of resources for members to use as they communicate with these and other stakeholders about the study.
Read more: www.apma.org/podiatristvalue
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