Bill Reddy
Director, Integrative Health Policy Consortium (IHPC)
Title: Acupuncture Cost Effectiveness: Going beyond Basic Economic Analyses
Biography
Biography: Bill Reddy
Abstract
There are quite a few randomized controlled trials of acupuncture that include cost effectiveness analyses, however, very few paint a complete picture. It’s well known that those who see acupuncturists tend to see their physicians less frequently, take fewer medications and have less surgical procedures. But more importantly, they take less days off work, enjoy improved relations with their colleagues and family members, and live longer. US Hospital administrators are primarily concerned with end of life care, hospital readmissions, post-operative recovery, and chronic pain management. Acupuncture can address all of these areas, and work toward cost avoidance as well as reduction in opioid consumption. This presentation will outline the benefits hospital systems receive from offering AOM services.