Government deficits are driven almost entirely by healthcare costs, and U.S. healthcare costs per capita is exponentially higher than in other industrialized countries.
The Institute of Medicine estimates America loses $750 billion annually on unnecessary services, inefficient delivery of care, excessive administrative costs and other areas of wasteful spending, according to a new infographic from MBA Healthcare Management. This infographic also details issues with physician payment, lack of access to care, improper treatment of chronic conditions and the high rate of medical errors.
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You may also be interested in this related resource: Pursuing the Triple Aim: Seven Innovators Show the Way to Better Care, Better Health, and Lower Costs.
Tags: Healthcare ranking, medical malpractice, quality of care
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