U.S. health care system

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$375 Billion Wasted On Billing And Health Insurance-Related Paperwork Annually: Study

Press Release | Physicians for a National Health Program | January 12, 2015

Medical billing paperwork and insurance-related red tape cost the U.S. economy approximately $471 billion in 2012, 80 percent of which is waste due to the inefficiency of the nation’s complex, multi-payer way of financing care, a group of researchers say. The researchers – physicians and health policy researchers with ties to the University of California, San Francisco, the City University of New York School of Public Health, and Harvard Medical School – note that a simplified, single-payer system of financing health care similar to Canada’s or the U.S. Medicare program could result in savings of approximately $375 billion annually, or more than $1 trillion over three years.

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Crowdfunding Health Innovation: Disruptive Companies And Funders Meet To Change Health Delivery

Nicole Fisher | Forbes Magazine | February 24, 2014

Two of the most significant pieces of legislation in decades, the Patient Protection and Affordable Care Act (ACA) and the Jumpstart Our Business Startups (JOBS) Act, are poised to transform the entire spectrum of health care. The ACA regulates everything from health insurance requirements to tax collection.

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Despite $600 Million From Stimulus, Jury Out On Health Information Exchanges

Bruce Japsen | Forbes.com | December 2, 2014

Despite $600 million in federal dollars allocated to creating health information exchanges designed to facilitate sharing of patient medical information, more work needs to be done to show whether they are living up to their promise, a new RAND Corp. study indicates...

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Physician Burnout Is A Public Health Crisis: A Message To Our Fellow Health Care CEOs

John Noseworthy, James Madara, Delos Cosgrove, Mitchell Edgeworth, Ed Ellison, Sarah Krevans, Paul Rothman, Kevin Sowers, Steven Strongwater, David Torchiana, and Dean Harrison | Health Affairs Blog | March 28, 2017

The Quadruple Aim recognizes that a healthy, energized, engaged, and resilient physician workforce is essential to achieving national health goals of higher quality, more affordable care and better health for the populations we serve. Yet in a recent study of U.S. physicians, more than half reported experiencing at least one symptom of burnout—a substantial increase over previous years—indicating that burnout among physicians is becoming a national health crisis. Leadership is needed to address the root causes of this problem and reposition the health care workforce for the future. The authors of this paper—the CEOs of our respective institutions—are committing to do just that...

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