That figure only accounts for initial health costs of hospital care for people who are shot, according to a report released by the U.S. Congress Joint Economic Committee. According to the report, gun-related injuries each year cause 30,000 initial in-patient hospital stays, each resulting in an average cost of $31,000 and 50,000 emergency room visits averaging $1,500 each.
More than 300 Americans are shot each day, and more than 110 are killed by gunfire. For survivors, healthcare bills typically surge more than $25,000 in the first month following a shooting and then average about $2,500 a month for an entire year after the injury, the committee found.
The Centers for Disease Control and Prevention figures show that fatal firearm injuries costs totaled $290 million in 2020 and cost an average of $9,000 per patient.
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.