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Financial Toxicity

Meaning

Financial Toxicity is a term used in healthcare to describe the distress and hardship experienced by patients and their families as a direct result of the costs associated with medical treatment, including out-of-pocket expenses, lost wages, and reduced productivity. This burden can negatively impact a patient’s quality of life and, critically, their adherence to prescribed therapies, leading to suboptimal clinical outcomes and exacerbating health disparities. It is recognized as a significant, patient-centered outcome in modern clinical practice, requiring careful consideration in treatment planning.