Health Care Innovation
Commentary
Coal In Our Stockings: The Destruction of Medical Innovation
The holidays are fast approaching, and the “elves” are busy at the North Pole. No, not the presidential candidates. No, not the Capitol Hill pols. And no, not those unrelenting pursuers of objectivity and truth: the journalists. I refer instead to the bureaucrats, in particular those implementing the new “comparative ...
Health Care
The Federal Government’s Deeply Flawed System For Controlling Medicare Costs
Medicares hospital trust fund is set to be exhausted by 2024, according to the latest report from the programs trustees. Federal officials are understandably looking for easy ways to cut spending in the entitlement program in hopes of shoring up its finances. They believe theyve hit on one with a ...
Business & Economics
Comparative effectiveness reviews mean fewer cures
Elected officials have powerful incentives to spend, and the administrators of government agencies — always seeking to increase their budgets — are happy to oblige. But the federal budget is finite. There are equally-powerful incentives to create more programs, as politicians are driven to make more citizens dependent upon government. ...
Commentary
Two New Ventures Simplify Consumer-Driven Health Care
A friend of mine who made a lot of money use to tease me when I (constantly) expressed shock at how simple so many successful business ideas are. All great businesses are simple, he said. Here are two in the healthcare space: Bloom Health and ZocDoc. Although disrupting different parts ...
Business & Economics
The Federal War Against Medical Technology
At about $75 billion annually, U.S. private-sector investment in medical technology is substantial, and a large body of research demonstrates that the economic returns to these investments are enormous. But emerging federal policies are likely to create powerful disincentives for the research and development of medical innovations, in particular, pharmaceuticals ...
Commentary
The Latest ObamaCare Assault On Health Care Innovation
The list of health services that ObamaCare requires all insurers to cover without co-pays or deductibles keeps growing. The latest additions include an array of womens wellness services and products: birth control, breast pumps, domestic violence counseling, and more. Of course, these additional benefits arent really free. They drive up ...
Commentary
Government Mandates Make Health Savings More Elusive
The Centers for Medicare and Medicaid Services recently released some data that show that the digital revolution continues to evade health care. Through mid-May, just 1,026 registered hospitals and physicians out of a possible 56,599 have demonstrated that they are using electronic medical records and other health information technology in ...
Commentary
Piping Up: Medical Innovation Critical To Bringing Down Health Care Costs
By the end of this decade, national health care spending is projected to amount to one-fifth of the country’s GDP. That’s more than four times military expenditures–and five times the amount spent each year on education. And that’s a conservative estimate. In a recent study, consulting firm Deloitte revealed that ...
Commentary
Death Trap Democrats
Despite November’s New Deal magnitude political earthquake, surviving House Democrats just laughed off their historic 63 seat loss and reelected ultra-left San Francisco Democrat Nancy Pelosi as House Minority Leader, a position she will now apparently hold for life. Somehow Democrats are convinced that the American people will come to ...
Commentary
Price of compassion for cancer patients
There was a time in this country when European-style health care served as a cautionary tale. Today it is beginning to look like something to envy. Future generations wishing to identify the moment the shift took place should look to Dec. 16, 2010. That was the day the U.S. Food ...
Coal In Our Stockings: The Destruction of Medical Innovation
The holidays are fast approaching, and the “elves” are busy at the North Pole. No, not the presidential candidates. No, not the Capitol Hill pols. And no, not those unrelenting pursuers of objectivity and truth: the journalists. I refer instead to the bureaucrats, in particular those implementing the new “comparative ...
The Federal Government’s Deeply Flawed System For Controlling Medicare Costs
Medicares hospital trust fund is set to be exhausted by 2024, according to the latest report from the programs trustees. Federal officials are understandably looking for easy ways to cut spending in the entitlement program in hopes of shoring up its finances. They believe theyve hit on one with a ...
Comparative effectiveness reviews mean fewer cures
Elected officials have powerful incentives to spend, and the administrators of government agencies — always seeking to increase their budgets — are happy to oblige. But the federal budget is finite. There are equally-powerful incentives to create more programs, as politicians are driven to make more citizens dependent upon government. ...
Two New Ventures Simplify Consumer-Driven Health Care
A friend of mine who made a lot of money use to tease me when I (constantly) expressed shock at how simple so many successful business ideas are. All great businesses are simple, he said. Here are two in the healthcare space: Bloom Health and ZocDoc. Although disrupting different parts ...
The Federal War Against Medical Technology
At about $75 billion annually, U.S. private-sector investment in medical technology is substantial, and a large body of research demonstrates that the economic returns to these investments are enormous. But emerging federal policies are likely to create powerful disincentives for the research and development of medical innovations, in particular, pharmaceuticals ...
The Latest ObamaCare Assault On Health Care Innovation
The list of health services that ObamaCare requires all insurers to cover without co-pays or deductibles keeps growing. The latest additions include an array of womens wellness services and products: birth control, breast pumps, domestic violence counseling, and more. Of course, these additional benefits arent really free. They drive up ...
Government Mandates Make Health Savings More Elusive
The Centers for Medicare and Medicaid Services recently released some data that show that the digital revolution continues to evade health care. Through mid-May, just 1,026 registered hospitals and physicians out of a possible 56,599 have demonstrated that they are using electronic medical records and other health information technology in ...
Piping Up: Medical Innovation Critical To Bringing Down Health Care Costs
By the end of this decade, national health care spending is projected to amount to one-fifth of the country’s GDP. That’s more than four times military expenditures–and five times the amount spent each year on education. And that’s a conservative estimate. In a recent study, consulting firm Deloitte revealed that ...
Death Trap Democrats
Despite November’s New Deal magnitude political earthquake, surviving House Democrats just laughed off their historic 63 seat loss and reelected ultra-left San Francisco Democrat Nancy Pelosi as House Minority Leader, a position she will now apparently hold for life. Somehow Democrats are convinced that the American people will come to ...
Price of compassion for cancer patients
There was a time in this country when European-style health care served as a cautionary tale. Today it is beginning to look like something to envy. Future generations wishing to identify the moment the shift took place should look to Dec. 16, 2010. That was the day the U.S. Food ...
