Sep 8, 2010

The Business of Cancer Care

Cancer care has become big business. The National Institute of Health in 2009 estimated that the 2008 cost of cancer care was $228.1 billion. Of this, only $93.2 billion was due to direct medical costs; $18.8 billion was due to lost productivity of the patient because of illness; and $116.1 billion was due to lost productivity secondary to premature death. Multiple government and payer initiatives are focused on reducing the costs of cancer care.

In the September issue of Texas Medicine, a special symposium issue on cancer.

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