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IOM Urges 10 Major Healthcare Fixes
Health Leaders Media

The U.S. healthcare system operates like an ATM machine that takes days to release cash. It functions like a home construction project whose carpenters and plumbers use different blueprints. And it does business like a store that prices items depending on who is making the purchase.

It fails to contain wasteful spending, estimated at about $765 billion in 2009 alone, largely from unnecessary and inefficiently delivered services, excess administrative costs and overpricing, and in fraud and missed prevention opportunities.