Silver Book Fact

The average length of stay for older Americans has decreased by 6 days since 1980.

Administration on Aging. A Profile of Older Americans: 2007. Washington, DC: US Department of Health and Human Services; 2008. http://www.aoa.acl.gov/Aging_Statistics/Profile/2007/docs/2007profile.pdf

Reference

Title
A Profile of Older Americans: 2007
Publisher
US Department of Health and Human Services
Publication Date
2008
Authors
Administration on Aging
URL
Read Full Resource

Categories

  • Innovative Medical Research
  • Human Value

Related Facts

  • New medicines, or “new chemical entities” accounted for 40% (0.8 years) of the two-year gain in life expectancy seen in 52 countries from 1986-2000.  
  • Decline in Disability Rates for People Aged over 65 Years, 1982-2000  
  • For each $1 spent on newer pharmaceuticals. $6.17 is saved in total health care spending. $4.44 of this savings is in hospital spending alone.  
  • Private health insurance benefit spending is predicted to slow from a peak of 9.5% in 2001 to 4.7% in 2006, partially because of Medicare Part D.  
  • Improvements in preventing and managing chronic disease could reduce future economic costs in the United States by 27% ($1.1 trillion) in 2023. $905 billion would come from gains in productivity;…