Medication Errors from Injectable Drugs Harm One Million Inpatients Each Year Adding Billions in Cost, New S... (nd reduce the risk for both the patient ...)

Medication Errors from Injectable Drugs Harm One Million Inpatients Each Year Adding Billions in Cost, New Study Finds

Date:12/10/2012

nd reduce the risk for both the patient and the healthcare setting."

Commissioned by BD (Becton, Dickinson and Company) (NYSE: BDX) in partnership with Milliman Inc., the study was compiled from databases that contained information on medication error, inpatient medication use, and medical costs. The study applied the findings of the U.S. Department of Health and Human Services study on adverse events, and it used MPL databases and insurance rate information.

"Our study used actuarial methods and pulled from multiple sources of data relevant to this critical issue which means that decision-makers can now see where the problems are and target prevention efforts," stated author Bruce Pyenson, principal and consulting actuary at Milliman.

Preventable adverse drug events from injectable drugs have emerged as prominent cost and quality issues for the healthcare industry. This study explored the impact that harmful injectable medication errors in an inpatient setting have on U.S. healthcare costs. It revealed a high number of hospitalizations potentially impacted by harmful errors due to injectable medications and a serious economic burden on payers, hospitals and the healthcare industry associated with those preventable ADEs.

"In my patient safety work, I know that preventable adverse medication events are still a significant concern for nurses, physicians, pharmacists, hospitals as well as patients. Injectable medications, especially high risk medications, can result in the most severe harms associated with medication errors. Our study found an impressive cost burden that injectable medication errors have on the healthcare system," said Dr. Jeffrey Rothschild, co-author and Associate Professor of Medicine at Harvard Medical School.

"The good news is this is a problem that can be ameliorated. Now that we know more about the types of medications and illne
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SOURCE BD-Becton Dickinson
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