Avoidable costs of more than $200 billion are incurred each year in the U.S. healthcare system as a result of medicines not being used responsibly by patients and healthcare professionals, according to a new study released today by the IMS Institute for Healthcare Informatics. This represents 8% of the United States’ total annual healthcare expenditures and amounts to millions of avoidable hospital admissions, outpatient treatments, pharmaceutical prescriptions and emergency room visits for patients.
Read Wiser prescription drug use could cut health costs by billions: Study, HuffPost Business, By Linda A. Johnson 06/19/13
Read and/or download the full report : Avoidable Costs in U.S. Healthcare: The $200 Billion Opportunity from Using Medicines More Responsibly, IMS Institute for HealthCare Informatics, June 2013
Sources : IMS Health Study Identifies $200+ Billion Annual Opportunity from Using Medicines More Responsibly, IMS Health, June 19, 2013