National Falls Prevention Awareness Day

Published in Government Relations on September 22, 2021

Today is National Falls Prevention Awareness Day! According to U.S. Centers for Disease Control, falls have been the leading cause of fatal and nonfatal injuries among U.S. adults aged 65 years and over throughout the past decade. This is why today is so important, because some falls can be prevented.

According to a new study, “The Case for Medicare Investment in DME in 2021,” being released by Leitten Consulting:

When Medicare invests in mobility DME for Medicare beneficiaries, falls are reduced and the cascade of costs that result from treating those falls are eliminated. Fall avoidance leads directly to cost avoidance in the form of reduced Medicare and beneficiary Spending.

For every dollar that Medicare currently spends providing mobility DME, Medicare avoids spending an additional $39.24 to pay for fall-related emergency room visits, doctor visits, hospital stays, ambulance transport, rehabilitation and long-term care. Medicare investments in DME also generate an additional cost savings to Medicare beneficiaries and their private insurers, who typically bear the burden of the ~20% copay that Medicare doesn’t cover, of $9.89. Beyond these direct costs, falls are responsible for additional indirect or economic costs (e.g., the value of lost wages and labor productivity) for Americans 65 and older, adding another 35% to the total cost of falls.

The graphic below shows how much money could be saved with fall prevention.

Medicare Investment

The full study, “The Case for Medicare Investment in DME in 2021” will be released soon.


TAGS

  1. vgm government

From Our Experts

GAP Update: Driving Support for H.R. 6641 thumbnail GAP Update: Driving Support for H.R. 6641 Check out this message from Grassroots Accountability Project (GAP) team members Emily Harken with VGM and Ashley Plauché with AAHomecare about driving support for H.R. 6641, which is legislation that would provide reimbursement relief for former Competitive Bidding Areas. OMEPA and Complete Care Medical Hosts Industry Champion, Rep. Markwayne Mullin thumbnail OMEPA and Complete Care Medical Hosts Industry Champion, Rep. Markwayne Mullin On Monday, Victor Clay of Complete Home Medical and John Gallagher of VGM attended an event for Industry Champion, Rep. Markwayne Mullin (R-OK) in Broken Bow, OK. Worker's Comp Prosthetic Bill In Iowa Passes House and Senate thumbnail Worker's Comp Prosthetic Bill In Iowa Passes House and Senate Today the Iowa legislature passed a bill allowing for prosthetic devices for a person injured on the job as long as it is medically necessary. VGM Government Relations Supports HME Advocates thumbnail VGM Government Relations Supports HME Advocates VGM Government Relations is helping spread awareness of a variety of events held for members of Congress in their districts, all in order to support legislation that improves the HME industry. This includes events for Rep. Markwayne Mullin (R-OK) on May 23 in Broken Bow, OK; Rep. Jodey Arrington (R-TX) on May 25; and Rep. John Thune (R-SD) on June 29. Medicare Advantage Plans Denying Items That Original Medicare Would Have Covered thumbnail Medicare Advantage Plans Denying Items That Original Medicare Would Have Covered Do Medicare Advantage plans really follow Medicare guidelines like they say they do? For any provider that deals with both traditional fee-for-service (FFS) Medicare, as well as Medicare Advantage (MA) plans, you've probably found yourself asking that very question. From the Desk of Ronda: Want to Avoid Supplier Number Issues? Read On! thumbnail From the Desk of Ronda: Want to Avoid Supplier Number Issues? Read On! Maintaining a supplier number is vital to the supplier's business. There is an update and a few reminders that need to be shared with the VGM membership that will assist with sustaining smooth operations. 2022 HME Cost of Delivery – The Survey Results Are In! thumbnail 2022 HME Cost of Delivery – The Survey Results Are In! VGM & Associates routinely monitors environmental factors which impact Home Medical Equipment (HME) providers and their ability to effectively provide their products and services to patients who need and rely on them. Make Plans to Attend or Support an Event for Rep. Markwayne Mullin (R-OK) thumbnail Make Plans to Attend or Support an Event for Rep. Markwayne Mullin (R-OK) There will be an event for Rep. Markwayne Mullin (R-OK) on May 23 at 5:30 p.m. CT in Broken Bow, OK.