IOM report calls for overhaul of nation's health care system
A new report published by the Institute of Medicine (IOM) is calling for an overhaul of America's health care system. The report, “Best Care at Lower Cost: The Path to Continuously Learning Health Care in America (2012),” provides evidence that the nation's system is too costly to sustain and suffers from inefficiencies, an overwhelming amount of data, and quality barriers that hinder progress in improving health.
A new report published by the Institute of Medicine (IOM) is calling for an overhaul of America's health care system. The report, “Best Care at Lower Cost: The Path to Continuously Learning Health Care in America (2012),” provides evidence that the nation's system is too costly to sustain and suffers from inefficiencies, an overwhelming amount of data, and quality barriers that hinder progress in improving health.
According to the report, approximately 30% of health care spending in 2009, or roughly $750 billion, was wasted on unnecessary services, excessive administrative costs, fraud and other problems. The authors of the report claim that inefficiencies in health care not only inflate costs but cause needless suffering for patients. They offer several recommendations for transforming the current system. ACP's High Value Care initiative addresses similar issues.