Research shows that clinical waste is a big driver of excess health spending.
Research shows that clinical waste is a big driver of excess health spending, accounting for anywhere between 5.4–15.7% of national health spending.
Instances of overtreatment like repetitive lab tests, duplicate imaging studies, unnecessary medicine usage and care coordination failures, can all lead to clinical waste which can quickly devour a health system's budget.
There are tools to curb these redundancies and mistakes, but they must be integrated in a comprehensive, evidence-backed, aligned way in order to truly improve patient care while locating cost savings.
Check out this infographic for tips on how CFOs can oversee the integration of digital tools to combat clinical waste.
Want to know more? Read this article on how MultiCare Health System made care improvements and saw millions in savings after integrated clinical decision support tools to combat clinical waste.
Marie DeFreitas is the CFO editor for HealthLeaders.