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Cost-Effectiveness of Homecare
December 6, 2017
Categories: Cost-Effectiveness of Homecare
Home medical equipment allows seniors, persons with disabilities or chronic health issues, and individuals recovering from an accident, surgery or illness to stay in their homes, often at a much more affordable cost than an a brief stay in a hospital or a longer stay in a nursing home or assisted living facility. For example, as the chart below shows, the daily cost of home oxygen for Medicare patients is 1/30th of the cost of a day in a nursing home, and – or 1/268th of the cost of a...