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Behavioral Economic Interventions – It’s Not a Choice Between Nudges and Shoves
The field of behavioral economics has brought attention to promising ways of motivating people to make better life choices. Many behavioral economic-inspired interventions are relatively hands off — they nudge people to make wiser decisions without in any way restricting their choices. The idea of nudges was made justifiably popular by Cass Sunstein and Dick Thaler…
The Crushing Cost Of Tracking Healthcare Quality—One Hospital’s Story
A whole industry is devoted to measuring, tracking and even incentivizing the quality of American hospital care. Unfortunately, that industry is horribly inefficient, costing us billions of dollars.
Quality measurement is inefficient in large part because there is no single source that hospitals (and provider systems, more generally) can use to track the quality of their care.
It Should Scare Us That Tuition Is A Tiny Amount Of Medical School Revenue
The contribution of tuition towards medical school revenue is a tiny fraction of what it once was. How this harms the academic mission of medical schools, especially during the pandemic.
Buying Junk Food With Taxpayer Dollars: Whether Interventions to Encourage Healthy Purchasing Work
One of my elderly relatives was in line at the grocery store one day and saw the person ahead of him charging what looked like a cart full of junk food to her food assistance card. My relative was incensed: Why, should his hard earned tax dollars be used to pay for someone’s Cheetos? Currently,…
Expert: NC better positioned than other states to respond to pandemic (WRAL)
The slow growth in coronavirus cases in North Carolina relative to New York and some other states puts North Carolina in better position to respond to the pandemic, according to a Duke University professor. Economist Mark McClellan, the director of the Duke-Margolis Center for Health Policy, was U.S. Food and Drug Administration commissioner during the…
Here’s Why Pharmaceutical Companies Raise Their Prices So Much
Yes, I’ve ranted about healthcare prices before. On more than one occasion. But I have a new rant for you. It’s not about the high price of new drugs It’s not about a couple pharmo-bro CEOs hiking prices of generic medications by 4 or 5,000% It’s about brand name drugs already on the market, that,…