Balancing the direct and indirect costs of treating musculoskeletal disorders
Musculoskeletal (MSK) disorders can result in pain, loss of active lifestyles and decline in mental health. Patients who experience these injuries are faced with determining which treatment option will work for them, both financially and physically. And, patients are not the only ones affected by these injuries. Researchers from IHS Global Inc. and KNG Health Consulting are working to uncover the economic costs and benefits of a variety of common procedures and services, such as total knee replacement or ACL reconstruction surgery. Their studies include the costs to society for the treatment options available.
This information on the indirect economic impact of treatment and the patient’s quality of life combined with direct medical costs is needed to fully understand the net value of treatment options available. The results of the studies are helping provide a more comprehensive picture of the value of orthopaedic treatment, enabling patients and their families to further weigh all factors when determining which course of treatment is best.