The U.S. may be one of the richest countries in the world, but when it comes to health care, we have some of the highest rates of spending waste out there.

It’s a billion-dollar problem and as Matthew Speer argues, it’s money that could be better spent elsewhere.

Speer is a faculty research associate at ASU’s College of Health Solutions, and in a new paper he published in a special edition of the American Journal of Public Health about this issue, he defines health care spending waste — and just how massive it is here.

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