Leave it to the Wall Street Journal to write about the return on investment for knee surgery in the elderly. What an interesting way to think about a medical procedure. It costs $20,000, but it gives me an extra year of mobility. That's worth $50,000.As health care gets more and more complicated and expensive, this will be the way we have to start thinking of all our medical decisions. Read the article - introductory paragraph and link below.
From the Wall Street Journal
Knee Replacements Are Determined to Be Cost-Effective
By LAURA YAO
A $20,000 procedure to replace a knee ravaged by arthritis in the elderly is generally a good deal for both patients and the federal Medicare program that pays the bill, according to a new study.