A recent report published in the Journal of HealthCare Finance touched on a subject of obvious importance to our legal team: the intersection of economics and medical errors. In particular, the comprehensive research sought to examine the actual financial toll that healthcare quality problems take on national budgets. The full report can be found here.
Our med mal attorneys frequently push back against all of the false claims made about the connection between the civil justice system and healthcare costs. The obvious reality is that a focus on the healthcare system itself is required to truly tackle the rising healthcare financial burden. In particular, the wasted funds required as a result of medical errors is a good starting point to understand the changing priorities that are needed to truly address the human and monetary losses accrued as a result of inadequate medical quality.
The Economics of Medical Errors Study