“I am often asked if the free market can work in health care. My quick reply is: That is the only thing that works. At least, it is the only thing that works well. Show me a health care market …
Category: Quality
U.S. “Non-Profit” Hospitals and CEOs Raking in Big Bucks | Intellectual Takeout
We found that the assets, investments, and bank accounts at these charitable hospitals increased by $38.9 billion last year – from $164.1 billion to $203.2 billion. That’s 23.6 percent growth, year-over-year, in net assets. Even deducting for the $5.2 billion …
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What You Need To Know About Medicare For All, Part I
A study by Charles Blahousat the Mercatus Center estimates that Medicare for all would cost $32.6 trillion over the next ten years. Other studies have been in the same ballpark and they imply that we would need a 25% payroll …
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Healthcare costs…time to rethink the calculus!
For anyone still laboring under the myth that insurance carriers are motivated to hold down costs in healthcare OR that health insurance is expensive BECAUSE health-care is expensive OR that insurance helps PROTECT us from high billed charges, consider the …
Scientists rise up against statistical significance
Our call to retire statistical significance and to use confidence intervals as compatibility intervals is not a panacea. Although it will eliminate many bad practices, it could well introduce new ones. Thus, monitoring the literature for statistical abuses should be …
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Female Genital Mutilation: Why Are Doctors Silent?
“…we have seen a trend moving it away from villages and homes, where it has usually been done, and into hospitals, clinics, and private offices. The location change has ushered in a vocational change. Health professionals—doctors and nurses—are now frequently …
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No Free Lunch…Except in Pharma – PBGH
Great article by Pittsburgh Business Group on Health that explains the PBM rebate scam. “The Problem… Above board discounts and rebates would not cause problems. Let’s say your friend had a coupon for $10 off when you bought two entrees. …
Lies That Won’t Die: Health Insurance Costs and Healthcare – Post Hoc Ergo Propter Hoc
In the department of economy, an act, a habit, an institution, a law, gives birth not only to an effect, but to a series of effects. Of these effects, the first only is immediate; it manifests itself simultaneously with its …
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