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Wasteful administrative spending costs U.S. healthcare up to 570 bln USD a year: research

LOS ANGELES
2022-10-12 01:38

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LOS ANGELES, Oct. 11 (Xinhua) -- Wasteful administrative spending costs U.S. healthcare up to 570 billion U.S. dollars a year, according to a recent research of Health Affairs, a leading journal of health policy thought and research.

Administrative spending makes up 15 percent to 30 percent of all U.S. medical spending -- multiple times as much as other comparable countries, and "at least half" of that spending "does not contribute to health outcomes in any discernable way," according to estimates cited in the research.

So-called wasteful administrative spending is estimated to comprise 7.5 percent to 15 percent of the nation's total healthcare spending, which translates to anywhere from 285 billion dollars to 570 billion dollars in 2019, said the research.

Those totals could be even higher in recent years due to pandemic-driven spending increases, according to the research.
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