Breaking the Cycle of Waste in Healthcare
Wasteful spending is a trend that most businesses try to avoid, but in the healthcare industry, wasteful sending is an epidemic. $760 billion dollars is wasted on unnecessary medical mistakes and practices every year.
A recent set of reports published by the New England Healthcare Institute has highlighted the key practices, which if eliminated, could offer dramatic savings to the healthcare industry.
These cost-saving practices include wide variations in patterns of care, medical mistakes, the overuse of emergency departments for nonemergencies, the overuse of antibiotics for viral infections, and the underuse of drugs and other therapies to manage chronic conditions.
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A recent set of reports published by the New England Healthcare Institute has highlighted the key practices, which if eliminated, could offer dramatic savings to the healthcare industry.
These cost-saving practices include wide variations in patterns of care, medical mistakes, the overuse of emergency departments for nonemergencies, the overuse of antibiotics for viral infections, and the underuse of drugs and other therapies to manage chronic conditions.
Click here to view the rest of the article
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