Keckley Report October 14, 2019
Paul Keckley

A study released last week found “the estimated cost of waste in the US health care system ranged from $760 billion to $935 billion, accounting for approximately 25% of total health care spending”.

The Humana-UPMC (University of Pittsburgh Medical Center) research team evaluated 71 studies published in peer reviewed journals between 2012 and 2019 categorizing waste in six categories:

  • failure of care delivery, $102.4 billion to $165.7 billion

  • failure of care coordination, $27.2 billion to $78.2 billion

  • overtreatment or low-value care, $75.7 billion to $101.2 billion

  • pricing failure, $230.7 billion to $240.5 billion

  • fraud and abuse, $58.5 billion to $83.9 billion

  • administrative complexity, $265.6 billion

They...

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