Operational waste across the U.S. healthcare system, according to the latest data, is averaging $700-$750 billion annually with $125B of that figure coming from operational inefficiencies at hospitals and providers. Hospitals, therefore, are wasting somewhere between $560-$600 billion every year on less than optimized processes for caring for patients. These operational declines not only affect hospital and health system financial performance but directly impact the quality of clinical care delivered, and ultimately, patient health outcomes and safety.
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