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In assessing the effectiveness of a medication or treatment, the number of years by which the treatment extends life is not the only measure of interest. We also want to maintain or improve quality of life. Quality adjusted life years …
The federal government devotes significant resources toward the education and training of physicians, primarily through the Medicare program. Graduate medical education (GME) programs currently receive guaranteed federal financing totaling over $15 billion each year, which is used to finance the …
The patient-centered medical home model emphasizes physician and hospital coordination, with the goal of improving the quality and efficiency of health care, as well as improving the patient’s experience of receiving care. This model has received endorsements from professional associations …
When patients were notified of less expensive MRI options and allowed to switch to lower-cost providers, researchers found an average savings of 18.7% per exam, according to a new study. The study found that patients were responsive to the price …
The U.S. is experiencing the slowest growth in health spending in five decades, which has generated considerable debate about what has led to the slowing. Analysts have pointed to the downturn in the economy and to structural changes to the …
The growth of health costs in the employer-sponsored insurance market is expected to increase in 2015, according to PwC’s Health Research Institute (HRI) annual medical cost trend projection. Though this may mark the end of five years of slowed growth, …
While pharmaceutical spending growth remains historically low in the United States, a recent IMS Health study finds there was a 3.2% increase in spending on medicines in 2013, a bounce back from the 1.0% decline the previous year. On a …
In its June 2014 issue, “Economics of Health Care: Costs, Savings & Value,” the policy journal Health Affairs examines the potential to rein in spending while simultaneously ensuring access and quality, with a particular focus on Medicare and Medicaid.
Researchers …