How much growth can a cardiovascular practice achieve when 44% of all people with CVD aren't aware they have it.
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A cardiovascular practice can achieve significant growth by focusing on identifying and treating patients with undiagnosed cardiovascular disease (CVD). According to the American Heart Association, 44% of all people with CVD are not aware they have it, which represents a large untapped patient population.
By implementing screening and diagnostic protocols, a cardiovascular practice can increase its patient volume, which can lead to increased revenue. Additionally, by identifying and treating patients with undiagnosed CVD, a practice can help to improve patient outcomes and reduce healthcare costs.
It's hard to give a financial analysis for a single average cardiovascular practice in the USA without more information about the specifics of the practice and the local market, however, a practice can expect to see a significant increase in revenue as a result of identifying and treating undiagnosed CVD patients. This increase in revenue can come from a variety of sources, such as increased patient volume, higher billing rates for specialized care, and additional revenue from related treatments and procedures.
Additionally, a cardiovascular practice that focuses on identifying and treating undiagnosed CVD can also improve its bottom line by reducing healthcare costs. By identifying and treating CVD early, a practice can help to reduce the need for more expensive treatments down the road, such as hospitalization and surgery.
It's important to note that a cardiovascular practice also needs to be aware of the financial Opportunitys and risks that come with a larger patient population, such as increased costs for staff, equipment, and supplies, and the need for larger facilities.
In summary, by identifying and treating patients with undiagnosed CVD, a cardiovascular practice can achieve significant growth in terms of patient volume, revenue, and reputation. However, it's important to consider the costs and risks associated with a larger patient population and plan accordingly.
The 44% of people that have CVD but are undiagnosed and untreated translates to 40,524,000 people. There are 33,816 cardiovascular physicians in the USA. That is 1,178 of additional, new patients per cardiovascular physician.
The average number of patient encounters per year for a cardiologist can vary depending on several factors, such as their specialty, practice setting, and location. According to a study published in the Journal of the American College of Cardiology, the average number of patient encounters per year for non-invasive cardiologists is around 1,500 patients per year. Interventional cardiologists, on the other hand, have more patient encounters, with an average of around 2,500 patients per year. This number can also vary depending on the country and location.
This can have serious consequences for their health, as CVD is a leading cause of death and disability. The high number of undiagnosed and untreated cases also puts a strain on the healthcare system, as it may lead to an increased demand for cardiovascular physicians and other healthcare resources. However, it's important to note that not all of these undiagnosed cases will have a sufficiently high risk to warrant treatment, so a targeted approach to identifying and treating high-risk individuals may be necessary.