Modern Healthcare September 26, 2019
An evolving care model in the health care ecosystem
What’s driving change for physicians?
Despite the United States spending a projected 17.9 percent of its gross domestic product (GDP) on health care in 2017—10,739 dollars per person—the system is underperforming relative to that investment. This is one of the factors accelerating systemwide efforts to introduce new ways of performing traditional clinical tasks more efficiently and cost-effectively.
- While the US spends twice as much on health than all other Organization for Economic Co-operation and Development (OECD) countries, the country falls below the OECD average in life expectancy gains.
- Unnecessary care wastes roughly 30 percent of total US health expenditures per year, exceeding $1 trillion annually, as administrative overhead consumes 25...
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