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Got $700 Billion?

GE Healthcare
May 19, 2010

"Waste" in healthcare as defined by The New England Healthcare Institute is "healthcare spending that can be eliminated without reducing the quality of care" - and according to a 2009 Thomson Reuters report is somewhere in the neighborhood of $700,000,000,000... that's $700 billion with three commas; a huge number by any comparison, but even more alarming when divided by the roughly 6,000 hospitals in the US. That brings us to about $117 million of waste per hospital...

Link to Full Article: http://nextlevel.gehealthcare.com/cost/got-700-billion.php

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