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Healthcare Costs Spike Again by Jeanne Sahadi, CNN/Money:
This is not sustainable. I feel like Brad Setser talking about the USA trade deficiets (by the way if you have any interest in economics, or international trade, or investing you really should read his economics blog - it is great). Deming noted excessive health care costsas a deadly disease to the American economy and the news just gets year after year. This system is obviously broken and in need of fundemental change.
Related Health Care posts:
Health Care improvement articles and studies via the Curious Cat Management Improvement Library.
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September 28th, 2005 at 11:06 am
Some of the increased health care costs can be attributed to the P4P model (Pay for Performance) that has taken over health care the past few years. Paying physicians/hospitals/etc extra for services they are already being paid for hasn’t shown to improve anything, but the train has left the station! As a QI staff in an HMO I fight it everyday. At IHI this Dec. there is a session ‘A Conversation w/ Dr. Deming on Pay-for-Performance’ by Ron Moen, finally. Unfortunately I think its too little too late. TW
June 27th, 2006 at 7:29 pm
[...] This needs to be approved by the city council to go into effect. It is far from perfect but the health care system is broken and we need actual innovation to find workable solutions. The effects of the health care system on the economy are huge. Health care costs are a huge part of both losing jobs to other countries and eroding pay rates. [...]