SCOTTSDALE, AZ—Jason Signor, CEO of Caddis, who will speak at the upcoming RealShare Healthcare event here this week, recently warned GlobeSt.com that the real healthcare problem is still coming. “What's interesting is that the compounded annual growth rate of the 85+ population has been declining the last several years and is expected to actually drop below the overall US population growth in 2019 before rising dramatically,” Signor he said. In part two of the exclusive discussion in preparation of the upcoming event, Signor details what we can do to fix the problem.
“We need to start thinking about the cost of healthcare as end of life care and work to decrease the cost of care on a daily basis for our senior citizens,” he says. “Reducing the average healthcare consumption to below $89 per day seems like an achievable goal.”
Signor explains that as a professional in the healthcare space, “our industry can make an impact in lowering our societal cost.”
Here are some examples he points to as ways the industry can make an impact:
- Reduce the number of unnecessary prescription drugs
- Have a preference for older, proven healthcare treatments in lieu of newer, more expensive ones
- Increase education on palliative care and its benefits
- Create a more cost effective way for people to have coordinated care
- Provide alternatives to surgery for seniors over the age of 85 including rehabilitation therapy
- Direct needed surgery to outpatient ambulatory surgery centers that utilize minimally invasive techniques and bill a lower reimbursement
- Reduce the length of stay and readmissions in acute or skilled nursing settings by improving best practices in senior housing and other lower cost providers
The CEO of Caddis will speak at the upcoming RealShare Healthcare event here later this week. The event will bring together more than 400 of the industry's top owners, investors, developers, brokers and financiers as they gather and share their insight and outlooks for the marketplace for the Healthcare event of the year.
Also, keep an eye for the upcoming November/December issue of Real Estate Forum, where we five deeper into legislative issues and future of the sector.
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