Despite global healthcare spending surpassing $8 trillion,1 there are still significant challenges in improving health outcomes. Currently, wasteful use of resources accounts for up to a quarter of healthcare spending globally.2
Case in point: a study revealed that 20% of adults reported tests being ordered that had already been done in the past 2 years,3 which potentially increases clinical risks and leads to wasted time and money spent complying with medical requests. In the US, measures to eliminate wasteful administrative spending alone could save up to $265 billion.4
A major step toward addressing these inefficiencies starts with more effective electronic health record systems (EHRs). In fact, nearly $600K was recently issued by the AMA to study how EHRs can be used to reduce stress and burnout, improve workflows, and boost value-based care.5
This effort will be significant, especially for health systems that are not fully integrating genetic screening into EHRs due to the complexity of testing information, referral recommendations, coordination of communication between providers and specialists, and post-test care pathways for patients identified with hereditary risk.6 This integration requires a special expertise that isn’t always inherent at health systems.