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Table 3 Financial implications for ‘A Country’ in preventing adverse medication events in hospitals

From: Pharmaceutical Policy Part 2 Pharmaceutical engagement and policy development: a framework for influence

Annual number of hospital admissions 500,000
No. of adverse medication events at a 1-2% level 5,000 - 10,000
At an average length of stay of 5 days 25,000 – 50,000
At an average cost of £300/day £7.5 m - £15 m
Potential savings (based on 50%-70% preventability) £3.75 m - £10.5 m
  1. (NB Average length of stay and daily costs will be country specific).