Wiser Use Of Medication Could Cut Health Care Costs, Study Says

TRENTON, N.J. (June 19, 2013)--If doctors and patients used prescription drugs more wisely, they could save the U.S. health care system at least $213 billion a year, a new study concludes.

The study says savings would come by reducing medication overuse, underuse and other flaws in care that cause complications and longer, more expensive treatments, researchers conclude.

The new findings by the IMS Institute for Healthcare Informatics improve on a number of prior attempts to quantify the dollars wasted on health care.

Experts have estimated that tens of billions, perhaps hundreds of billions of dollars, could be better used each year to improve patient care and outcomes and to slow down spending by government health programs, insurers and consumers.


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