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Study: 25% of medical spending in America is wasted
The researchers categorized articles and reports according to the six domains and whether they assessed cost of waste, savings from interventions that address waste, or both. They then translated costs and savings from included studies into national costs and savings and converted these values to 2019 dollars using the Bureau of Labor Statistics Medical Services consumer price index. All component estimates were summed to determine total costs and ranges and total potential savings and ranges for each waste domain.
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