This month Harvard Business Review (HBR) published the dramatic results of Walmart’s innovative centers-of-excellence (COE) care-bundling initiative. Walmart’s third-party administrator, Health Designs Plus (HDP), claims that this approach saved Walmart $86 million on spine surgery alone over 3 years, and could “address the cost-and-quality dilemma and drive change nationally.” But will it? FixingUSHealthcare blog agrees that … Continue reading Walmart’s Care Bundling – Will It Fix U.S. Healthcare?
Debates over fixing U.S. healthcare often end up with each party choosing a side – either “Competition” or “Government.” But in a strange twist of politics, logic, and the broken healthcare market, turns out that Competition and Government are on the same side. Let me explain… In order for there to be competition, there must be … Continue reading So, You Want Competition to Bring Down Healthcare Costs? – Then, Logically You’re Talking Single-Payer
Fixing U.S. Healthcare blog has argued that unsustainable healthcare spending is the Real Problem with healthcare. How can we tame this giant healthcare tapeworm machine, as Warren Buffett has dubbed it? This blog has described how medical professionals of the post-war generation built up our current system. Our system now delivers previously unimaginable healthcare miracles. … Continue reading Taming the Healthcare Tapeworm
The next time you hit a pothole in the road, blame your local health insurance or hospital CEO. Because your hard-earned healthcare premiums and tax dollars are literally going straight into their bonuses at the expense of infrastructure repair. Exorbitant national health spending produces what economists call opportunity costs. Our healthcare spending takes away not just … Continue reading Healthcare Hits A Pothole – And How to Fix It
Jack Welch, the former CEO of General Electric, was famous for cornering his managers to justify their projects with an “elevator pitch” that could be delivered to him during a short ride from one floor to the next. Here’s mine pushing for healthcare reform and an Oregon-style cost-benefit analysis approach: You know, of course, how … Continue reading Elevator Pitch for Oregon-style Healthcare Reform