A new report - coming out as national health care reform now heads to the U.S. Senate - details the massive waste in the industry.
As reported in Business Review West Michigan, "In estimating the cost of waste in health care in America, Bob Kelley wanted to bring the issue to the forefront at a critical time."
Kelly, vice president of health care analytics at Thomson Reuters in Ann Arbor, says national health care waste is up to $850 billion per year - or one-third of the annual U.S. health care bill.
According to the article, the waste stems from a variety of activities: unnecessary care, fraud, administrative inefficiency, medical errors, lack of care coordination and preventable health conditions.
Read the full article, a Q&A, here.
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