U.S. health system spending on social determinants of health could jump even higher.
Health systems are struggling to find a strategy to identify and address social determinants of health.
A study by Deloitte shows that in the U.S. health inequities cost the healthcare industry roughly $320 billion every year. By 2040 that could jump to $1 trillion if the industry fails to take action.
To address this, health systems would have to understand why they spend thousands of dollars more each year to treat minorities for the same chronic conditions seen in white patients.
Check out the accompanying article and a new AI based tool that may be able to help here.
Marie DeFreitas is the finance editor for HealthLeaders.