In U.S. Health Care System Unnecessary Care, Fraud, Inefficiency, Medical Errors, Preventable Conditions & Lack of Care Coordination Waste About $700 Billion Annually

OPEN MINDS Weekly News Wire Strategic Health Care News Each year the United States health care system wastes between $600 billion to $850 billion. Unnecessary care, such as over-use of antibiotics or tests conducted to avoid malpractice exposure, accounts for 40% of the total, from $250 billion to $325 billion. Fraud, administrative inefficiency, health care provider errors, preventable conditions, and lack of care coordination were the next greatest areas of waste. These are findings of a white paper report by Robert Kelley, vice president of health care analytics at Thomson Reuters. Additional findings included: Fraud accounted for 19% of . . .