Daily Dose: Curious how the U.S. spends $2,300,000,000,000 ($2.3 Trillion) annually on Health Care? Follow @mobileaspects for a daily look at the numbers of Healthcare
Recently the Wall Street Journal revealed that the number of knee replacements paid for by Medicare has more than doubled over the past two decades. Is the explosive growth of these costly procedures sustainable? Lets take a look at the numbers …
- $15,000 – Cost Per Knee Replacement Procedure
- 93,230 – 1999, Total Medicare Knee Replacement Procedures
- 243,802 – 2010, Total Medicare Knee Replacement Procedures
- 600,000 – 2011, Total Knee Replacement Procedures in United States
- $9,000,000,000 – 2011,Total Cost of all Knee Replacement Procedures