A New Model for Planing Physician Retirement Needs

Understanding Age Banding

By Ann Miller RN, MHA

[Executive Director]

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  • Age Banding [author]
  • Somnath Basu PhD, MBA  [www.clunet.edu/cif]
  • [Director California Institute of Finance]

Link: AgeBander

 

 

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Where Are The Health Care Entrepreneurs?

The Failure of Organizational Innovation in Health Care

Submitted by Ann Miller RN, MHA

[Executive-Director]

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The following quote is from a white paper by David M. Cutler

NBER Working Paper No. 16030
Issued in May 2010

Medical care is characterized by enormous inefficiency. Costs are higher and outcomes worse than almost all analyses of the industry suggest should occur. In other industries characterized by inefficiency, efficient firms expand to take over the market, or new firms enter to eliminate inefficiencies. This has not happened in medical care, however.

Therefore, this paper explores the reasons for this failure of innovation. I identify two factors as being particularly important in organizational stagnation: public insurance programs that are oriented to volume of care and not value, and inadequate information about quality of care.

Assessment

Recent reforms have aspects that bear on these problems.

Link: http://papers.nber.org/papers/w16030

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