Baby Boomers Rack Up $59B in Hospital Costs During 2007
In 2007, baby boomers (adults age 55-64) had more than 4.7 million hospital stays totaling $59 billion, or 16 percent of total hospital costs in the United States, according to a recently released Agency for Healthcare Research and Quality Healthcare Cost and Utilization Project statistical brief.The total number of hospital discharges among 55-64 year-olds increased from 3.4 million in 1997 to 4.7 million in 2007. However, when adjusted for population changes, the rate of hospitalization among the near-elderly fell nearly 7 percent between 1997 and 2007, according to the brief.
Other key findings of the report include the following:
• Approximately half (51.7 percent) of hospitalizations for adults age 55-64 were covered by private insurance and 36.9 percent were covered by public insurance.
• There were fewer uninsured hospital stays among adults age 55-64, as compared with younger patients age 45-54 (6.0 vs. 10.5 percent).
• Hospitalizations for adults age 55-64 were longer (5.2 vs. 4.8 days) and more costly ($11,900 vs. $10,400) than stays among adults 45-54 years-old but were not significantly different from stays among 65-74 year olds.
• Nearly one-third (29.0 percent) of hospital stays for adults age 55-64 were elective — higher than 45-54 year olds but the same as older patients.
• Procedures that were more likely to be elective, such as knee replacement, back surgery, spinal fusion and hip replacement, had the highest rates among privately insured patients aged 55-64 and were lowest among the uninsured.
• Hospital stays ending in a discharge to home health or long-term care were 12.1 percent and 10.8 percent, respectively, and in-hospital mortality for near-elderly stays was 2.1 percent. These percentages were higher than those for 45-64 year olds but lower than those for 65-74 year olds.
• Like elderly hospital stays, the rate of hospitalization among the near-elderly was slightly higher in males (151.7 stays per 1,000 near-elderly males vs. 140.4 stays per 1,000 near-elderly females). In contrast, the rate of hospitalization among males and females aged 45-54 years-old was nearly equal.
Read the Agency for Healthcare Research and Quality Healthcare Cost and Utilization Project statistical brief on hospital stays for adults age 55-64.
© Copyright ASC COMMUNICATIONS 2011. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.
To receive the latest hospital and health system business and legal news and analysis from Becker's Hospital Review, sign-up for the free Becker's Hospital Review E-weekly by clicking here.











