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Article: Fortune 500s Waste Over $500 Million a Year on Unnecessary Back Surgeries for Workers.
- Article from:
- Business Wire
- Article date:
- June 24, 2008
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Copyright informationCOPYRIGHT 2008 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Over $1.5 Billion Lost in Worker Productivity Says Two-Year Findings
PEMBROKE, Mass. -- Fortune 500s spend over $500 million a year on avoidable back surgeries for their workers and lose as much as $1.5 billion in indirect costs associated with these procedures in the form of missed work and lost productivity, according to a two-year study by Consumer's Medical Resource (CMR).
CMR's study, "Back Surgery: A Costly Fortune 500 Burden," found one out of three workers recommended for back surgery by their doctor said they avoided an unnecessary procedure after being given independent, high-quality medical research on their diagnosed condition and treatment options. In ...
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