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How Big is the Problem?

 

Death from medical errors annually is said to exceed those from motor vehicle accidents, breast cancer, or Acquired Immune Deficiency Syndrome (AIDS).[2] Medication errors alone have been assessed at over $2 billion dollars cost to the healthcare system with adverse drug events (ADE) accounting for close to 7000 deaths in the US.[3]  Each preventable ADE costs a facility approximately $4700. This calculates to around $2.8 million dollars per year for a 700-bed hospital.  Generalizing that to a national level will reach into the billions of dollars. The IOM report indicates a 6% potential increase for an adverse event occurrence with each additional hospital day of stay.[4]     

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