According to a report by Thomson Reuters, the American health care system wastes between $505 billion and $850 billion every year, which is up to a third of the nation's total health care costs. “America's health care system is indeed hemorrhaging billions of dollars, and the opportunities to slow the fiscal bleeding are substantial,” said the report, which was completed by Thomson Reuters' vice president for health care analytics.
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Report: Current health care system wastes up to $850 billion annually
