25% of Health Care Spending Is Waste — But Home-Based Care Can Help
About a quarter of all U.S. health care spending — $760 billion to $935 billion per year — can be categorized as waste. But home-based care has already helped cut those costs in the past few years — and has even more potential to so in the future.
That’s according to new research from Humana Inc. (NYSE: HUM) and the University of Pittsburgh School of Medicine published Tuesday in the Journal of the American Medical Association (JAMA).
Specifically, researchers reviewed 71 waste estimates from 54 unique sources, including peer-reviewed publications, government-based reports and other research channels.
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