Animal Madness
“Animal Madness” – Worth
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Unsustainable
ByadminThis picture shows changes in the cost of treating colon cancer, from 1993-2005. It shows unsustainable growth in these expenditures: By unsustainable, however, I do not mean unjustifiable. Patients with colon cancer have much better prognoses in 2005 than 1993, in large part due to advances in chemotherapy. Instead what I mean by unsustainable is…
Using Behavioral Economics to Design Smarter Physician Incentives
ByadminLast year, I joined Zeke Emanuel and some other great people in publishing an article on how to use the insights of behavioral economics to nudge physicians towards providing high-value care. Here is a link to that article. To give you a teaser, here are some of the principles we drew upon: And here are…
Surge in Hospital Job Growth
ByadminRecently, I showed some data illustrating the rapid growth in healthcare jobs in the United States, compared to jobs in other parts of the economy. Here’s a picture, courtesy of Dan Diamond, showing that this growth has not been steady. Instead, the growth of hospital jobs in the US stalled for a while, before taking…
Heart-Wrenching Words from Beethoven on Deafness
ByadminIt is an awful irony that Ludwig van Beethoven, who I consider the greatest composer in the history of the world, experienced deafness from an early age, a disability that did not seem to interfere with his musical productivity one whit. But it certainly cost him a great deal of suffering, as is quite apparent…
Insured But Not Covered
ByadminUnder the Affordable Care Act, the percent of Americans who lack any health insurance has declined significantly. Put another way – more Americans have health insurance than ever. But having insurance coverage is different than being well covered by insurance. Sometimes a person can enroll in a health insurance plan, and still face the kind of out-of-pocket…