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The Upside of High Healthcare Costs: Lots of Jobs!
ByadminHere is a quick review from the Commonwealth Fund showing what happened to jobs in the United States since 2000. A dramatic growth in healthcare jobs, and almost no growth in the rest of the economy: Something to keep in mind, because if we ever get healthcare costs under control, we had better hope to…
More on Merger Mania
ByadminI recently wrote something in Forbes about all the mergers going on in the U.S. healthcare industry. Well here is a nice article about the growth of the healthcare system in Western North Carolina, that explores some of the same issues. Check it out: Mission Health Partners, the Accountable Care Organization of Mission Health System,…
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…
Have Reimbursement Rules Taken the Joy Out of Being A Physician?
ByadminShe came to the urgent care center with a sprained ankle. The primary care provider gave her excellent care, expertly applying evidence-based evaluation guidelines to her situation, and, thereby, avoiding unnecessary x-rays. By all measures, the provider’s care was excellent, but the interaction still ended up reducing his salary. You see, that patient’s only medical…
So Much for the Job Killing Effects of Obamacare
ByadminDespite passionate warnings that the Affordable Care Act would demolish the American economy, things haven’t exactly turned out that way. Here is evidence Dan Diamond circulated a while back. Dan is someone I suggest you follow on Twitter if you want more pictures like these:
Obamacare Reduced Racial Disparities in Healthcare Insurance
ByadminResearch led by Stacey McMorrow (a former student of mine) shows that Obamacare was especially helpful in enabling black and Hispanic people obtain healthcare insurance: Disparities in insurance rates among either groups are declining: