End-of-life (EOL) care has major financial implications for every stakeholder across the health economy, from patients and their families, to payers, to the healthcare system writ large. A disproportionate share of total healthcare spending is concentrated in the last 30 to 60 days of life, driven primarily by inpatient care, emergency department utilization and late-stage intervention. For patients and families, the EOL journey is often characterized by fragmented care, unwanted hospitalizations and diminished time at home. Patients are more likely to die in their preferred location when palliative care is involved, and caregivers report higher satisfaction with this outcome, particularly when hospital stays are avoided.
Read the full article: More Americans Are Dying at Home but Hospital-Based Deaths Remain Most Common //
Source: https://www.trillianthealth.com/market-research/studies/more-americans-dying-at-home-hospital-based-deaths-most-common