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Third of all medical expenses are on medical waste, claims Institute of Medicine

The Institute of Medicine, part of the National Academy of the Sciences, has created a report describing trends in health care spending. Among other findings, the IOM found that a huge amount of cash is down to healthcare waste, or on anything but helping individuals. Healthcare waste, including unneeded treatments and administrative overhead, accounts for $750 billion each year. Article source: [URL]

2 Weeks ago in Off Topic