Adverse drug events (ADEs) cost up to $5.6 million each year per hospital, according to the Agency for Healthcare Research and Quality. The same agency estimates that anywhere from 28 percent to 95 percent of ADEs can be prevented by reducing medication errors through computerized monitoring systems.
With inpatient medication errors costing hospitals $16.4 billion each year, hospital leaders have turned their attention to identifying proven technologies and processes to help reduce the risk of ADEs, including medication reconciliation.
Infographic shown below created by Dr. First illustrates the key medication reconciliation challenges faced by hospitals that prevent the attainment of accurate and complete patient data, threatening patient safety and outcomes.