FDAnews Drug Daily Bulletin

Wasteful Healthcare Spending (World of DTC Marketing blog)
According to an article in the New York Times, “The American medical system squanders 30 cents of every dollar spent on health care,” blogger Rich Meyer writes. The article cites an analysis of data from 2009 showing “$210 billion spent on unnecessary services, like repeated tests, and $130 billion spent on inefficiently delivered services, like a scan performed in a hospital rather than an outpatient center.” Healthcare is going to remain a hot button issue for some time. “Let’s not wait for this train to hit us before we start thinking about ways to cut healthcare costs through increased diagnosis, treatment and compliance,” Meyer adds.