According to a recent study by FAIR Health, 57.5% of commercially insured patients in the US had at least one chronic condition in 2024. The average cost for a patient with no chronic conditions was nearly double that of a patient with one chronic condition.
FAIR Health's shared decision-making tools support clinical point-of-care decisions with older patients and their caregivers, aligning with the 4Ms framework of age-friendly care. Key takeaways from a Learning Exchange session highlight the flexibility and value of these tools in diverse care settings.
FAIR Health introduces a new shared decision-making tool for Alzheimer's disease, providing clinical information on self-care options and drug therapies. The tool also offers related cost information to support age-friendly care, available at no cost to users.
A FAIR Health initiative found that cost information enhances the value of shared decision making in palliative care scenarios, empowering patients to make critical healthcare decisions. The program's success highlights the utility of cost data in guiding informed discussions with clinicians.
FAIR Health has launched a groundbreaking website feature that combines clinical and cost information to support seriously and chronically ill patients in shared decision making with clinicians. The new tool offers three palliative care scenarios, including kidney dialysis, nutrition options, and breathing assistance.
The number of laboratory services associated with diagnoses of anaphylactic food reaction increased by 871 percent from 2007 to 2016, and billed charges for those services rose even more. Milk product allergy was the most expensive food allergy in terms of average costs and services per patient.