healthcare costs

“First, you (and me) are probably not that good at most tasks. One should recognize that our performance perceptions are upwardly biased. Thus, it pays to be humble and learn as much as possible from others.”

One way to reduce healthcare costs, especially on the medical side of the equation has been to increase the utilization of mid-level or advanced care practitioners, e.g., nurse practitioners and physician assistants.

In a poster presentation at the American Academy of Orthopedic Surgery meeting, a paper demonstrates that the cost of hip and knee replacements can be significantly decreased with no change in outcomes and no greater rates of complications.

The Trump Administration issued two executive orders relating to biomedical science in recent days. The first involved the regulation of biotechnology products, and the second involved transparency in healthcare costs.

It is commonly believed by some that the cost of care in teaching hospitals, the sites where we train future physicians, is higher than that of community hospitals that do not have the additional burden of trainees.

It’s tax-day today. It is also the forever day for tobacco companies when their settlement requires a payment of $9 billion to the states for the cost of tobacco-related illnesses, cardiovascular disease, lung disease, and cancers.

Insurance in trying to reduce costs has more frequently favored the stick over the carrot. The stick’s most common forms are high deductibles and co-payments, creating enough friction, they hope, to make you think twice.

The use of stents to repair an aneurysmal aorta [1] has revolutionized vascular surgery, taking a 3-hour operation with a 5-7 day stay in the hospital and creating a 2-hour procedure with hospitalization overnight.

Bill Hammond writing on New York's hospital readmission in Empire Center noted: “modestly improved grades for reducing avoidable admis

Several years after the ACA ("Obamacare") passed, healthcare costs continue to rise in America.