How the health care industry is addressing the hidden costs of patient travel and wait times

Sitting in a waiting room to see the doctor after fighting traffic is more than just inconvenient and time-consuming. It ’s also quite costly: as much as $89 billion per year. That’s the average annual economic cost of the time spent traveling and waiting to obtain health care services based on the average hourly wage for an individual, according to a research brief by Altarum, using data from the American Time Use Survey by the Bureau of Labor Statistics. “Time spent on travel and waiting…
Source: bizjournals.com Health Care News Headlines - Category: Health Management Authors: Source Type: news