Study of 287 Physicians Reveals Wasteful Behaviors That Drive Lost Revenue

 

This study details potentially wasteful behaviors that are predictive of 47% of provider spending variation. These wasteful actions in the medication and laboratory space were found to be significant opportunities to make less costly decisions without compromising quality in the right clinical context. 

 

 

Key Takeaways: 

  • An 8-month study using data from more than 200 healthcare facilities
  • Method identified to directly measure behaviors that correlate with higher spending 
  • Means to intervene on wasteful behaviors verified to reduce both the behaviors and spending

 

 

 

 

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