City University of New York (CUNY)
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$375 Billion Wasted On Billing And Health Insurance-Related Paperwork Annually: Study
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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Clear Health Costs Wants To Save You From Medical Sticker Shock
Ever opened a letter from a doctor to discover an unexpectedly, eye-poppingly enormous bill? Well, one New York startup wants to make sure that never happens again, by providing a platform that allows the average medical consumer to compare prices. Read More »
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Electronic Health Records Increase Doctors’ Bureaucratic Burden
The average U.S. doctor spends 16.6 percent of his or her working hours on non-patient-related paperwork, time that might otherwise be spent caring for patients. And the more time doctors spend on such bureaucratic tasks, the unhappier they are about having chosen medicine as a career.
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Open Education Resources Combat High Textbook Prices
Eben Upton is best known as the man behind the Raspberry Pi, a tiny, $25 computer designed to help turn kids into programmers. Upton priced it at $25 because he thought that's around what an average textbook cost: "I now understand that's an incorrect estimate.
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