- Estimates suggest obstructive sleep apnea (“OSA”) costs the US economy $150 billion annually
- Medicare beneficiaries with obstructive sleep apnea cost taxpayers $19,566 per year
- Company’s oral appliances have shown to be effective in over 15,000 patients, successfully treated worldwide by approximately 1,250 trained dentists and doctors
It is estimated that obstructive sleep apnea (“OSA”) affects approximately 1 billion people worldwide, of which 54 million are Americans (http://nnw.fm/jrHQ6). According to a study published by the Journal of Clinical Sleep Medicine, individuals with untreated OSA face increased health care utilization (“HCU”) and costs across all service aspects. Costs and HCU were evaluated by researchers over the period of a year leading up to the initiation of treatment. According to Emerson Wickwire, PhD, a lead author of the study, sleep disorders represent a massive economic burden on the U.S. health care system. Medicare beneficiaries with obstructive sleep apnea cost taxpayers an additional $19,566 per year. They also use more emergency, outpatient, inpatient, prescription health services, and medical services in general (http://nnw.fm/t0d6D).
According to the American Academy of Sleep Medicine, the economic burden of undiagnosed sleep apnea is about $150 billion a year in the U.S. alone, and diagnosing and treating every patient who is suffering from the condition may generate…
NOTE TO INVESTORS: The latest news and updates relating to Vivos Therapeutics are available in the company’s newsroom at http://nnw.fm/VVOS
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