IMS Health (RX) Study Identifies $200+ Billion Annual Opportunity From Using Medicines More Responsibly
6/19/2013 9:59:22 AM
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PARSIPPANY, N.J.--(BUSINESS WIRE)--Avoidable costs of more than $200 billion are incurred each year in the U.S. healthcare system as a result of medicines not being used responsibly by patients and healthcare professionals, according to a new study released today by the IMS Institute for Healthcare Informatics. This represents 8 percent of the country’s total annual healthcare expenditures and amounts to millions of avoidable hospital admissions, outpatient treatments, pharmaceutical prescriptions and emergency room visits for patients.
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