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The U.S. is the least efficient among countries with advanced economies when it comes to healthcare, spending the most on a relative cost basis and experiencing the worst outcomes, according to a Bloomberg data analysis.

"We have a pretty robust safety reporting culture here," says Carrie Tuskey, director of risk management at Detroit-based Henry Ford Health System. But she admits, "It takes a long time to change the mindset in healthcare around error reporting." Here,…

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