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This report is from the Institute of Medicine, a member of the National Academies  ( National Academy of Science, National Academy of Engineering, Institute of Medicine, and National Research Council)

“Medication errors are among the most common medical errors, harming at least 1.5 million people every year, says a new report from the Institute of Medicine of the National Academies.  The extra medical costs of treating drug-related injuries occurring in hospitals alone conservatively amount to $3.5 billion a year, and this estimate does not take into account lost wages and  productivity or additional health care costs, the report says.”


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