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

How FEMA Can Help DMEPOS Businesses Prep for Natural Disasters thumbnail How FEMA Can Help DMEPOS Businesses Prep for Natural Disasters FEMA's latest site update benefits DMEPOS businesses by assisting them in preparing for natural disasters. Ronda Vlog: Two Important Updates: Oxygen Testing and Home Assessment for Manual Wheelchairs Clarification thumbnail Ronda Vlog: Two Important Updates: Oxygen Testing and Home Assessment for Manual Wheelchairs Clarification Check out these updates from Ronda Buhrmester regarding oxygen testing and clarification on home assessment for manual wheelchairs! 75/25 Medicare Impact Survey thumbnail 75/25 Medicare Impact Survey AAHomecare is spearheading a nation-wide initiative to measure the impact of the expired Medicare fee-for-service 75/25 blended rate for non-bid non-rural areas on the HME community and Medicare patients' access to medically necessary equipment. Medicare Advantage Plans Under Scrutiny for HME Denials thumbnail Medicare Advantage Plans Under Scrutiny for HME Denials The coverage of HME by Medicare Advantage plans has recently come under fire. At the VGM Heartland Conference on June 11, stakeholders highlighted a critical issue; Medicare Advantage plans are allegedly denying coverage unjustly. Government Relations Advocate for the Breast Cancer Patient Equity Act thumbnail Government Relations Advocate for the Breast Cancer Patient Equity Act The week of June 3rd, Nikki Jensen, VP of Essentially Women and Ike Isaacson, SVP of VGM Government & Regulatory Relations traveled to Washington D.C. to advocate for the Breast Cancer Patient Equity Act. Williams Brothers Healthcare Hosts Meet-and-Greet Event with Rep. Erin Houchin thumbnail Williams Brothers Healthcare Hosts Meet-and-Greet Event with Rep. Erin Houchin Last week, Williams Brothers Healthcare organized a meet-and-greet event featuring Representative Erin Houchin (R-IN-9) to address crucial topics related to HME services and the challenges faced by providers. OMEPA's Legislative Triumphs: A Tale of Relationships and Persistence thumbnail OMEPA's Legislative Triumphs: A Tale of Relationships and Persistence Over the past few legislative sessions, Oklahoma Medical Equipment Providers Association (OMEPA) has navigated a legislative rollercoaster. Their commitment to building relationships and advocating for patients has led to significant wins. Audit Climate – Taking The Temperature thumbnail Audit Climate – Taking The Temperature As we near the midpoint of 2024, what are the main billing/reimbursement headaches being faced by providers?