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Here’s Why Pharmaceutical Companies Raise Their Prices So Much
Yes, I’ve ranted about healthcare prices before. On more than one occasion. But I have a new rant for you. It’s not about the high price of new drugs It’s not about a couple pharmo-bro CEOs hiking prices of generic medications by 4 or 5,000% It’s about brand name drugs already on the market, that,…
The Crushing Cost Of Tracking Healthcare Quality—One Hospital’s Story
A whole industry is devoted to measuring, tracking and even incentivizing the quality of American hospital care. Unfortunately, that industry is horribly inefficient, costing us billions of dollars.
Quality measurement is inefficient in large part because there is no single source that hospitals (and provider systems, more generally) can use to track the quality of their care.
US government’s WWII mobilization on penicillin is a road map to fighting the coronavirus (USA Today)
On March 14, 1942, an American soldier with bacteria coursing through his bloodstream was treated with penicillin, a new wonder drug that saved his life. That single treatment exhausted half the nation’s supply of the drug. Two years later, as U.S. troops prepared to launch the D-Day invasion, America had more than 2 million doses of the drugready…
The Verdict Is In—Price Gouging Harms People With Gout
The patient arrived in my clinic, their right big toe the color of a spring strawberry. The lightest touch caused exquisite pain. Fortunately, I was able to prescribe a pill (an ancient medicine, actually) and the patient was better by the next day.
Too bad that simple treatment is becoming unaffordable, through a maddening combination of greed and regulatory failure.
Drugs Are Outrageously Expensive—Canada Found A Way To Fight Back
Latuda is a drug to treat schizophrenia. It costs about $4,000 per month in the U.S. In Canada, the price is closer to $500.
Ibrance, a breast cancer drug, costs $10,000 more per month in the U.S. than in Canada.
Why these enormous price differences?
Are Nursing Homes Lying About Their Patients To Increase Profits? You Decide
Imagine you are CEO of a chain of nursing homes. You know that the sicker your patients are, the more money you will get from Medicare. You also know that Medicare determines how sick patients are by counting how many diagnoses they have and assessing the severity of those diagnoses. Given these facts, what would…
