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Nonfatal Falls in Residential Settings Account for $29.2B in Healthcare Spending

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(McKnight’s Senior Living) Nonfatal falls in assisted living facilities and other residential home settings account for over $29 billion in healthcare spending. This number account for nearly 12% of total healthcare costs in these environments. Those figures compare with $12.9 billion at hospitals (accounting for 4.4% of hospital expenditures), $10.8 billion related to physicians and other providers (5.7%), $2.1 billion related to prescription drugs (2%), and $0.4 billion for dentists (1.6%). These figures make fall prevention strategies imperative to initiating a substantial reduction in healthcare spending.

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