Estimated costs of misdiagnosis are
£3bn in the UK
The OECD report on “Wasteful Spending in Health” (2017) presented alarming data on inappropriate care and wasted resources with estimations ranging from a conservative 10% up to 34% of expenditures.
The UK National Institute for Health and Care Excellence (NICE) costing statement of October 2015 estimated the savings from preventing or delaying dementia for one year from the timely diagnosis of dementia would be £ 5,285 for the NHS per person with dementia, £5,537 for Local Authorities and £ 4,228 for Central Government.
No longer is the healthcare industry focused on simply a fee for a service, but on delivering outcomes. Healthcare service providers are now being paid by helping people stay healthy and reducing the need for more expensive treatments in the future.
We believe that this proactive approach benefits commercial companies like Nightingale Analytics, healthcare providers like the NHS and service users.