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FINANCIAL NEWS
Arab world’s healthcare sector wastes USD40b annually
02 Mar 2015
(MENAFN) Half of the estimated USD80 billion annual governments spending on health care sector in the Arab world are going to waste due to widespread inefficiencies, a Dubai health official said, The National reported.
Inefficiencies include over-prescription of drugs and needless medical tests, which are costing the health care sector significant amount of expenditures, according to Dubai Health Authority.
The head of funding at Dubai Health Authority said that the health care system does not need more money, but needs efficiency in using money and employing it in a proper way.
“In our region, 50 percent of the money we spend on health, due to inefficiency, is not properly utilized,” the head of funding added in the statement.
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