Between 2006 and 2010, the Centers for Medicare & Medicaid Services (CMS) expenditures for post-acute care rose by 45 percent with an annual growth rate of approximately 10 percent. The sharp increase in expense was driven by a variety of factors, including the rise in the elderly population and in the chronically ill. Hospitals also played a role, as they worked to discharge patients as early as possible into post-acute settings in response to declining DRG payments.
Patient volume is expected to continue to rise, and, by some estimates, the number of Americans needing long-term support services is predicted to more than double by 2050. However, the management and funding of care of these patients is changing significantly.
Read more about factors contributing to the changes in the post-acute marketplace and what it means for medical device manufacturers, physicians, clinicians, patients, and post-acute facilities as they anticipate the transition to the second curve.