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Health care costs in the United States are notoriously high, and there isn’t an area of the system that doesn’t show some opportunity for savings, from cutting administrative costs to eliminating unnecessary treatments or low-value care.
Currently, hospital expenses account for a third of all health care spending, according to VIE Health Care, and despite the $8 charge for a single throat lozenge you might find on your itemized bill, profit margins are slim, and one in five hospitals is in danger of closing.
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Emily Payne is managing editor at BenefitsPRO. A Wisconsin native, she spent the past eight years writing and editing for various athletic and fitness publications. She holds an English degree and Business certificate from the University of Wisconsin.
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