The National Academy of Medicine (formerly known as the Institute of Medicine) estimated
in 2010 that wasteful healthcare spending cumulatively totaled approximately $765
billion per year, or nearly one third of all healthcare spending.
1
Adjusting to 2016 healthcare expenditure totals,
2
unnecessary medical spending costs the average American more than $3,400 per year.
Yet, the authors argue that even this sizable figure understates the magnitude of
healthcare waste as it excludes a large array of missed upstream prevention opportunities.To read this article in full you will need to make a payment
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Article Info
Publication History
Published online: March 14, 2019
Identification
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© 2018 American Journal of Preventive Medicine. Published by Elsevier Inc. All rights reserved.