Chronic conditions are notoriously difficult to manage for both providers and patients industry-wide. The National Council on Aging reports that 80% of older adults have at least one chronic disease and that 95% of healthcare costs for older Americans can be attributed to chronic disease management.
Diabetes ranks as one of the most troublesome chronic conditions people suffer from and is a leading cause of death in the United States. According to the American Diabetes Association, the total costs of diagnosed diabetes rose to $327 billion in 2017, an $82 billion rise since the last time the cost was calculated by researchers in 2012.