A study by the American National Academy of Medicine shows that a large portion of healthcare is unnecessary and harmful. A couple of the main points are:
1.) One third of all healthcare does not improve health, costing an estimated $750 Billion a year.
2.) One third of hospitalized patients are harmed during their stay.
A recent Washington Post article confirms the above findings in an article titled: We spend $750 billion on unnecessary health care.
"America spent $2.6 trillion on health care last year; about one in every six dollars went into the health-care system. A third of that spending — a full $750 billion — did nothing to make anyone healthier."
Several other articles discuss related findings as well:
Why So Much Of The Health Care We Deliver Is Unnecessary - And What We Can Do About It - by Robert Pearl (M.D and former CEO of Kaiser Permanente), Forbes.
"Recent reviews of clinical outcomes have shown that many medical problems that we might have treated in the past with aggressive surgery would have avoided threatening patient health if managed instead by watchful waiting, with routine follow-up. But despite that information doctors continue to routinely recommend intervention, even in the absence of evidence suggesting a better outcome."
PBS "Money & Medicine" Explores the Dangers of Overdiagnosis and Overtreatment - Informed Medical Decisions Foundation.
"Recent studies have shown that a third of all health care spending in the U.S. is unnecessary and by reducing the rates of overdiagnosis and overtreatment, we could save over 800 billion dollars a year."
Overkill - by Atul Gawande, The New Yorker
"Millions of people are receiving drugs that aren’t helping them, operations that aren’t going to make them better, and scans and tests that do nothing beneficial for them, and often cause harm."
Surprisingly, there is no meaningful data on medical treatments or surgeries available to patients or physicians despite the 51 million surgeries conducted in the U.S. every year. The lack of patient outcome information leads to a high number of unnecessary treatments and harmful medical interventions. We built the first platform to address this void of outcome treatment data with a platform built to capture the voice of the patient.
There is much more on this subject but we thought that this is a good start. Please let us know what you think by adding a comment below.