Digital transformation holds promise to solve many problems across industries but one that may seem less obvious is misdiagnosis, one of the largest challenges in health care.The health industry is losing hundreds of billions of dollars from misdiagnosis alone, creating a lasting economic impact on the United States (U.S.) health care system. According to studies cited by the National Center for Policy Analysis, an estimated 10-20 percent of cases are misdiagnosed, occasionally causing death or permanent disability. Misdiagnosis also has a profound effect on the people who are being misdiagnosed as well as their caregivers and loved ones. Diagnostic errors impact over 12 million patients annually that is equivalent to one misdiagnosis out of every 20 diagnoses. Additionally, Advance Medical found that 39 percent of a self-selecting group of medical advocacy seekers are misdiagnosed.
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