The Daily

November 15, 2017

The Cost Of Assuming Your Doctor Knows Best

“The National Academy of Medicine (formerly the Institute of Medicine), came out with a report on diagnostic error in 2015 identifying diagnostic error as the most harmful and most expensive of medical errors. It is estimated that between 40,000 to 80,000 deaths occur in the U.S. from diagnostic error and that as many as 17 percent of diagnoses are inaccurate. The report raises another worrisome metric — that diagnostic error is perhaps on the rise because of the increasing complexity in medicine. Doctors face increasingly higher caseloads and administrative burdens. Keeping pace with changes in medical knowledge is ever more challenging; it is estimated that medical knowledge will double every 73 days in 2020.”