In our recent webinar, we talked about how earlier physical therapy can reduce costs for neck and low back pain in patients.
In the webinar, we discuss how the total LBP-related costs were the summed amounts of LBP-related medication and medical costs. All costs included both insurers’ payments and enrollees’ out-of-pocket cost sharing over the 1-year period after the index date.
Over a 12-month period, we found that patients save on average per day:
- $70 on medication
- $51 on imaging
The total of $1,600 LBP-related costs does not include:
- Opportunity costs for patients of lost work
- Family time
- PTO
- Professional development/advancement (ie.: promotions, commissions, bonuses etc)
Study of costs associated with the timing of physical therapy in 7k patients with a diagnosis of LBP 1
|
Costs $ |
Immediate <3 days (Early PT) |
Delayed 15-28 days (Clinic) |
|
Pain medication costs |
$116 |
$186 |
|
Advanced imaging costs |
$550 |
$601 |
|
LBP-related medical costs |
$2,747 |
$4,068 |
|
Total LBP related costs |
$2,902 |
$4,283 |
Faster access of patients to PT appointments, resulting in savings on average of $1,616 for the patient & payer. 2
The data above might seem difficult to put into context, but for payers these are critical numbers as every claim counts…literally.
The webinar covers:
- What Does Earlier Care Mean to Recovery?
- Can Earlier Access to Physical Therapy Reduce Costs for Neck and Low Back Pain?
- Can At Home Physical Therapy Increase Adherence to Plan of Care?
- Can Physical Therapy Decrease Unnecessary Imaging and Procedures?
Luna is leading the way in patient engagement, improved functional outcomes, and cost containment.
