NU Online News Service, Oct. 20, 2004, 4:10 EST
A combination of an aging U.S. population and high health care costs spell big growth opportunities for disease management firms, a new report says.[@@].
The report, by the investment banking firm Cochran, Caronia & Co., Chicago, projects 5 to 10 years of double digit growth for the disease management industry.
The industry focuses on controlling the quality and cost of daily care for people who suffer from chronic diseases such as diabetes and asthma.
The report says 44% of people with chronic diseases account for 78% of healthcare spending in the U.S.