healthcare spending
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Reform Update: JAMA Study Suggests Money Alone May Not Be Enough To Improve Performance, Reduce Costs
One goal of health reform, among many, is to break the industry's dependence on incentives for hospitals and doctors to do a high volume of business. Incentives for volume invite wasteful spending, of course, and also can be harmful if patients receive unnecessary care as a result. Read More »
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Regulatory Mandates Spark HIT Spending Uptick
Healthcare IT spending at large North American healthcare organizations is expected to increase to more than $34.5 billion next year, spurred by current regulatory trends. The trend is expected to open up new markets for many vendors. Read More »
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The 128-Byte Data Field That Could Save Lives And Billions Of Dollars
I can easily think of 5 articles that highlight the extraordinary waste and cost of the U.S. healthcare system. [...] The PwC report concluded that about $1.2 trillion was wasted – each year. Here’s how PwC further categorized that waste... Read More »
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The World’s Fattest Major Country Consumes An Astounding Amount Of Coca-Cola Products
Mexico has approved both a soda tax and a junk food tax, which it expects to generate some $16 billion annually. But there’s a deeper reason why the taxes, like large swaths of the Mexican populace, are so hefty: Something has to be done about Mexico’s eating habits. Read More »
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U.S. Health Spending Dips
The good news: the total U.S. healthcare spending in 2012 grew slightly slower than the economy, causing a dip in healthcare's share of the economy. The bad news: healthcare spending still comprises almost a fifth of the U.S. economy at 17.2 percent in 2012, down from 17.3 percent in 2011. Read More »
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U.S. Ranks First in Health Care Spending, but Cancer Outcomes Do Not Reflect the Investment, Study Finds
The U.S. health care system is characterized-on a global level-by its unsustainable health care spending, which does not necessarily correlate to better outcomes in patients with cancer. With $2.9 trillion spent on U.S. health care in 2013, the United States ranks first in health care spending among the world's leading economies. To investigate the implications of socioeconomic status (SES) and health expenditures on cancer outcomes and mortality, researchers at The University of Texas MD Anderson Cancer Center, led by Jad Chahoud, MD, conducted an ecological study at the state level for three distinct patient populations: breast cancer, colorectal cancer, and all-cancer populations..
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We Need A Moore’s Law For Medicine
Technology is the primary cause of our skyrocketing health-care costs. It could also be the cure. Read More »
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What It Will Take To Achieve The As-Yet-Unfulfilled Promises Of Health Information Technology
A team of RAND Corporation researchers projected in 2005 that rapid adoption of health information technology (IT) could save the United States more than $81 billion annually. Read More »
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Why Healthcare Costs Are A Civil Rights Issue
Fifty years since Martin Luther King, Jr. gave his "I Have a Dream" speech on Aug. 28, healthcare spending as a percentage of the gross domestic product has jumped from 5.5 percent in 1963 to 18 percent today. Read More »
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Why Not Medicaid For All?
My Sunday column on the potential consequences of Obamacare’s botched rollout ended by sketching a scenario in which the program’s Medicaid expansion is deemed a success while its reform of the individual market leads to much-higher-than-expected costs and much-lower-than-expected participation rates. This combination would no doubt be politically helpful to the Republican Party in the short run, but (I argued) it would actually leave liberals with a fairly clear path forward... Read More »
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