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The Enormous Cost of Adverse Patient Safety Events [2022 Forecast]

By James Woodson, MD

According to a recent study, adverse patient safety events across healthcare segments resulted in a cost burden of an estimated $317.93 BILLION on the US and European healthcare systems in 2016.  

This cost is estimated to increase at a CAGR of 3.2% and reach $383.7 BILLION in 2022.

80% of medical errors occur secondary to miscommunication between caregivers during transitions of care. We need a real time team communication platform that crosses healthcare entities: a single communication network for an entire community.  

The future of healthcare communications is connected teams. We can't afford the status quo and our patients deserve more.

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ARTICLE CATEGORIES: Communication
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James Woodson, MD

James Woodson, MD

James is a board certified Emergency Physician, and is the Founder, CEO, and President of Pulsara.

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