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Some Expenditure Estimates for Diagnostic Procedures
- Diagnostic imaging accounts for 8%-10% of health costs, or up to $100 billion yearly.
- MatheMEDics estimates approximately 40%-50% of all diagnostic imaging is accounted for by CT and MRI, most of which is spent on brain, abdominal, and spinal imaging.
- Up to 35% of these CT/MRI imaging costs may be accounted for by CT/MRI of the lumbosacral spine alone!
- MatheMEDics estimates that CT/MRI, GI endoscopy, cardiac imaging/arteriography, account for 60%-70% of all costs for medical diagnosis in this country. When one calculates the aggregate expenditures for unnecessary investigations, the estimates of potential cost savings are staggering.
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