Tag Archives: Healthcare costs

The Hippocratic Oath, the US Health Care System, and the Affordable Care Act in 2015

  The original confines of medical knowledge under which the Hippocratic Oath was created have expanded considerably. Given the evolution of technology over the past 25 centuries, some of the Oath’s stances on issues such as abortion, euthanasia, and surgery have been subject to varied interpretations. However, 2 of its guiding principles have proven universal […]

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Why Are Drug Prices Higher in the US?

On 1000-Fold Pharmaceutical Price Markups and Why Drugs Cost More in the United States than in Mexico On July 15, The Washington Post’s Wonkblog posted a story titled “This $153,000 Rattlesnake Bite Is Everything Wrong with American Health Care,”1 accompanied by a striking photograph depicting ascending hemorrhagic lymphangitis and an image of the associated hospital bill, which included […]

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technology

Advantages of Health System Consolidation

Potential Advantages of Health System Consolidation and Integration A recent editorial in the Wall Street Journal1 decried hospital mergers, citing concerns that consolidation results in higher prices and less choice for patients. While Makary, the editorialist and a surgeon, agrees that quality initiatives might be facilitated through consolidation, he cites several recent court cases wherein […]

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Healthcare Costs

Caveats to Consider When Calculating Healthcare Value

Concerns about the impact of healthcare costs on the economy and the exploration of new reimbursement models have colluded to encourage a transition “from volume to value” in US healthcare. “Volume” meant that healthcare providers received a payment for providing a particular service, regardless of outcomes or need; healthcare reimbursement has been volume-based for 50 […]

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