Wednesday, November 20
11:00 am - 12:00 pm
The High Cost of Adult Incontinence
Dr. Stocking will present cutting edge research published over the last 12 months about the true costs that mismanaged adult incontinence imposes on society in the forms of UTIs, slips and falls, wounds, and behavioral disturbances. The research team analyzed over 2MM Medicare beneficiaries over the age of 65 and their claims data. Within the US population of seniors, 68% of UTIs are experienced by those with an incontinence diagnosis. Medicare beneficiaries over 65 with an incontinence diagnosis experienced 5 times more UTIs, 2 times as many dermatitis events, more than twice as many slips and falls, and 2.8 times more behavior disturbances compared to those without an incontinence diagnosis. All of this suggests that managing incontinence well is critical for allowing seniors to age at home.
» Andrew Stocking, Ph.D.
CEO, Principle Business Enterprises
BIOGRAPHY
Andrew Stocking, Ph.D., is President and CEO of PBE, as well as a member of the Board of Directors. He joined PBE as the third-generation after a career in engineering, technology, nonprofits, and government. At PBE, Andrew is passionate about uplifting the lives of customers through best-in-class products, improving the lives of PBE associates through innovative and transformative programs, and supporting the surrounding community through corporate engagement. Andrew is committed to American manufacturing in the Midwest.Prior to leading PBE, Andrew held a succession of roles within the federal government, including Senior Advisor for Economics and Energy Security at the Department of Energy and Market Design Economist at the Congressional Budget Office in the healthcare unit and microeconomic studies unit. In those roles, Andrew contributed to non-partisan policy debates about a variety of topics, including healthcare reform, energy markets, environmental policy, auction design, trade policy, and competition. In recognition of his work on energy security at the Department of Energy, Andrew was awarded the Secretary of Energy’s Honor Award in 2016.
Prior to working for the government, Andrew was Vice President of Business Development for a Silicon Valley web startup. He has been an adjunct professor in Economics at the University of Maryland and is currently adjunct professor at Bowling Green State University in the business school.
Andrew has a BS in chemical engineering, MS in civil engineering, from Stanford University and a Ph.D. in Resource Economics from the University of Maryland.