Health care spending that is wasteful or services with little or no benefit are those that do not provide meaningful outcomes in terms of improving patient health. Unnecessary treatments, costly interventions and utilization of resources that could be better used elsewhere can all fall into this category. One type of wasteful health care spending is overutilization of diagnostic tests such as imaging scans. While these tests can be invaluable when properly utilized to diagnose and monitor a condition, they are often ordered for conditions where the results have minimal impact on patient treatment or outcome. For example, expensive imaging studies for low back pain may show abnormalities but in many cases would have little effect on managing the condition since it often resolves without any specific treatment.
Another type of wasteful health care spending involves unnecessary emergency department visits and hospitalizations which increase both medical costs and length of stay without providing any additional benefit to the patient’s treatment plan. A study by researchers at Harvard Medical School found that one third of emergency room visits were avoidable if patients had access to primary care appointments instead1. Similarly, preventable hospitalizations also drive up health care costs due to lab tests, medications, physician fees and other associated charges even though the end result may not necessarily improve overall patient outcomes2.
Finally, there are some types of services which simply do not yield an appropriate return on investment either because they lack scientific evidence supporting their efficacy or because their cost outweighs potential benefits. Examples include herbal supplements and nontraditional therapies such as acupuncture which may provide short term relief but long term effectiveness has yet to be proven3 4 . Additionally, certain optional cosmetic procedures such as Botox injections for wrinkles offer only temporary benefits with recurring expenses5 .
In conclusion, waste in the healthcare system remains a major problem even despite efforts by providers and policy makers to reduce costs while still delivering quality care 6 . As new technologies enter medical practice it will become increasingly important for clinicians and payers alike to ensure treatments are necessary , beneficial , appropriately timed ,and cost effective before authorizing payment 7 . By curbing improper utilization through informed decision making practices we can help ensure our healthcare dollars are spent wisely towards achieving improved patient outcomes 8 9 10
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more