The report describes how these losses take place and highlights the additional resources which could be spent on patient care by enhancing the fraud resilience of healthcare organisations.

The report identifies the most significant drivers of wasteful spending - including administrative inefficiency, unnecessary treatment, medical errors, and fraud - and quantifies their cost. It is based on a review of published research and analyses of proprietary healthcare data.

‘The Financial Cost of Healthcare Fraud' Report provides the world's first ever data on the real cost of fraud (and error) in healthcare organisations. It finds that an average of 5.59% of global healthcare expenditure – or €180 billion - is lost each year.