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3 Reasons Interoperability Prices Will Skyrocket In 2014
[...] As many probably know, New York has a vision of a statewide network. Over the years this vision has changed from one of just policy and oversight to being a free state funded and operated network. I have also heard managers of other state-designated entities for health information exchange (HIE) speak of similar ideals so this isn't just about New York but about government funded solutions and how they drive up costs. [...] Read More »
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A Capitalist’s Dilemma, Whoever Wins On Tuesday
WHATEVER happens on Election Day, Americans will keep asking the same question: When will this economy get better? Read More »
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A Few Thoughts About The Health-Care Marketplace
Is it time for rate-setting in the health-care marketplace? Is it time for single-payer health care? Or an end to the entire for-profit system of mis-aligned incentives? Or transparency? Can we continue in this vein? Read More »
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Better Care Not Always Better Business
Healthcare not incentivized to eliminate profitable procedures that may not benefit patients Read More »
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Changing The Structure Of Health Care Delivery Systems: To Benefit The Patient, The Providers, Or The Insurers?
In an important series of 3 articles beginning on the Sunday before the New Year, “Doctors Inc.”, Alan Bavley of the Kansas City Star looked at the increasing acquisition of physician practices by hospitals, and the impact this has on access to, quality of, and cost of health care for patients. [...] Read More »
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Corporate Influence On Medicine
[...] Over the last couple of years, medicine as a profession has stood on the shore of a kind of health-systems continental drift. As a profession, we doctors have tried to keep doing what we have been doing, perhaps with a belief that our coastal province will eventually come (back) under our individual control. Read More »
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Developed Countries Are Making $47 Billion A Year From Forced Labor
A recent United Nations report puts the amount of profits made from forced labor at $150 billion. It’s easy to assume that the money is made almost exclusively in countries with weak institutions and corrupt law enforcement. But the report estimates that developed countries are home to $47 billion worth of such labor exploitation. Read More »
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Dollars For Docs Mints A Millionaire
Dr. Jon W. Draud, the medical director of psychiatric and addiction medicine at two Tennessee hospitals, pursues some eclectic passions. He’s bred sleek Basenji hunting dogs for show. And last summer, the Tennessee State Museum featured “African Art: The Collection of Jon Draud.” Read More »
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Geoghegan-Quinn: 'Open Access Is The Default'
European Commissioner Máire Geoghegan-Quinn tells DW why Open Access to new scientific research is vital for the public, and why traditional publishers know it's time to change. Read More »
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Government Attacked Over Deals With Fast-Food Industry: ‘Pure Illusion’ To Think This Approach Can Cut Obesity
Scathing World Health Organisation report warns UK cannot tackle epidemic unless Government changes policy Read More »
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Guest Post: A Physician Rebels Against Micromanagement By "'Leadership-Trained' Management Extenders"
I recently heard from a physician whom I knew well in an earlier stage of her training—I’ll call her Pauline. She completed her training at one of the top children’s hospitals in the US, and served in several capacities in academic medical centers before her most recent job with a physician-owned for-profit practice. She called me to express her frustrations and to ask if the right course for her was to quit [...]. Read More »
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Health Care Systems Should Not Be Run For Profit, But Rather For People's Health
I wrote in a recent blog [...] that our health care system ”…is a parallel to our financial services industry: private enterprise is given a license to make money from everyone, and the government finances it. The only difference is that for financial services, the government steps in to bail them out only after they have already stolen all our money, while in health services the profit margin is built in from the start.” [...] Read More »
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Hospitals Profit From Surgical Errors, Study Finds
Hospitals make money from their own mistakes because insurers pay them for the longer stays and extra care that patients need to treat surgical complications that could have been prevented, a new study finds. Read More »
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Improving Quality Patient Outcomes A Money Loser For Hospitals
Surgical patients who have complications generate better margins for hospitals, a new study in the Journal of American Medical Association has found. Cue the outrage from the consumer media about “profit-hungry hospitals.” Read More »
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Let's do the numbers
Julie Creswell and Reed Abelson offer a story in the New York Times about the HCA for-profit hospital system, noting "A giant hospital chain is blazing a profit trail." The HCA story and similar ones about other hospital chains financed by private equity force us to consider how a such firms can achieve a return on equity that satisfies investors. Read More »
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