The data, conducted on 2,245 individuals, found that for every one point increase in well-being on a 100-point scale, participants were less likely to have a hospital admission (2.2 percent), an emergency room visit (1.7 percent) or to incur any healthcare costs (1 percent).
The researchers also found individuals with the lowest levels of well-being incurred more than $20,000 in total healthcare costs, compared to less than $5,000 for those with the highest levels of well being. Researchers concluded individuals or groups could benefit from programs aimed at improving well-being.
Related Articles on Healthcare Costs:
Nursing Homes Increasingly Turn to Managed Care Models
Meeting Hospitals’ Financial Goals Through an Alternative Radiology Delivery Model
Average Cost of Medicare HAIs at Pennsylvania Hospitals Tops $21k
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.
