A recent study published in the journal Ophthalmology, the official journal of the American Academy of Ophthalmology, has found that cataract surgeries performed over the period of one year generate $123.4 billion in societal savings over 13 years.
The cost-utility study also found that cataract surgery results in a 4,567 percent financial return on investment for society.
The majority of the savings, 68.9 percent, are in Medicare and patient cost savings.
The results of the study will be presented at the American Academy of Ophthalmology's 117th annual meeting in New Orleans.
More Articles on Ophthalmology:
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The cost-utility study also found that cataract surgery results in a 4,567 percent financial return on investment for society.
The majority of the savings, 68.9 percent, are in Medicare and patient cost savings.
The results of the study will be presented at the American Academy of Ophthalmology's 117th annual meeting in New Orleans.
More Articles on Ophthalmology:
Virginia Eye Institute Adds Laser Assisted Cataract Surgery
10 Top Billed Ophthalmology Procedures With Highest Denial Rates
AAO to Implement National Eye Disease Patient Database