HealthIT Answers October 2, 2022
The quality of healthcare varies widely throughout the world. Even in the United States, there’s evidence that a person’s zip code may be more relevant to their health and life expectancy than their genetic code.
But such differences conceal even more troubling insights that transcend income, discrimination, and racial lines. Waste permeates our system—to the tune of one-third of the $4.1 trillion we spend on healthcare in the US.
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Think about that for a second. If waste accounts for a third of healthcare expenditures, that’s $1 trillion. Imagine what we could do if we spent that money on actual, necessary care.
It would be one thing if all that additional spending translated into better outcomes, but...
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