Did you know?
Medical benefit injectables are administered primarily through one of three channels: the hospital, home infusion, or the provider’s office.
Fact: Hospitals Cost More.
The hospital channel is consistently more costly than other channels and generally costs twice what a provider-administered injectable given in
the provider’s office would cost.
Below is a chart of five infusible drugs and the cost of therapy by site.
To see the full ICORE Report please click here.
Fact: IV Centers offer a lower-cost treatment option.
Similarly, treatment of therapeutic conditions requiring infusion therapy in an IV Center results in reduced cost due to a better utilization of services and the elimination of the “Hotel Cost” associated with a Hospital, LTAC, or Skilled Nursing Facility.
Below is a chart showing a 4 day treatment for Ceullulitis Wo MCC:
Use of the IV Center for this treatment results in a per-patient savings of $6,580
Summary of Savings:
Average cost per day of a hospital stay: $1,500 (without medications)
Average cost per day of an IV Center visit: $150 (with medications)
- The IV Center has an average cost savings of $1,350 per day compared to a hospital stay.
- That difference in cost equals an average 80% in savings.
Source: TXPricePoint.org – query on Cellulit Wo MCC Oct. 2008-Sept. 2009 – Seton Medical Center