Mature Market Experts Stat of The Day: Medical Errors

“1,000,000 serious medication errors per year” . . . “illegible handwriting, misplaced decimal points, and missed drug interactions and allergies.”

Source: Wall Street Journal/Institute of Medicine/Tom Peters

“The Institute of Medicine calculated that drug errors (on average, one per patient per visit—various sources; some estimates go as high as one-per-patient-per-day, on average) alone add on average nearly $5,000 to the cost of every hospital visit.”

Source: Overated: Why Too Much Medicine is Making Us Sicker and Poorer, Shannon Brownlee


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