Report Finds Hundreds Of Billions Of Dollars Of
Waste In U.S. Healthcare System
The U.S. health care system wastes between $505
billion and $850 billion every year, according to a new
report from Thomson Reuters, the parent company of the
Reuters news service.
"The U.S. healthcare system is just as wasteful as
President Barack Obama says it is, and proposed reforms
could be paid for by fixing some of the most obvious
inefficiencies, preventing mistakes and fighting fraud,
according to a Thomson Reuters report released on
Monday," Reuters reports. The report cites several
examples of waste including in paper-based records
systems, unnecessary care, fraud, administrative
inefficiency, medical mistakes and preventable
conditions.
"All this could help explain why Americans spend
more per capita and the highest percentage of GDP on
healthcare than any other (Organisation for Economic
Co-Operation and Development) country, yet has an
unhealthier population with more diabetes, obesity and
heart disease and higher rates of neonatal births than
other developed nations" (Fox, 10/26).
This information was reprinted from
kaiserhealthnews.org with kind permission from the
Henry J. Kaiser Family Foundation. You can view the
entire Kaiser Daily Health Policy Report, search the
archives and sign up for email delivery at
kaiserhealthnews.org.
© Henry J. Kaiser Family Foundation. All rights
reserved.
Last updated 8
November 2009
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