FAQ: How Many Healthcare Dollars Are Wasted?

 Between $700 billion and $1.1 trillion every year. This amounts to between 21% and 34% of the $3.3 trillion total healthcare spending for 2016. These figures are the estimates published in 25 authoritative studies done between 2003 and 2012. Donald Berwick MD, former head of Medicare, assembled these 25 studies for the RAND Corporation. Fixing … Continue reading FAQ: How Many Healthcare Dollars Are Wasted?

Response to Peter Orszag: Efficiency Is Not Enough!

Economist Peter Orszag, who blogs regularly on the economics of healthcare, recently highlighted a survey of healthcare CEOs conducted by his firm Lazard. The survey showed that these CEOs see that “Healthcare is reforming, just not in Washington.”  Business (small and large) is rightly fed up with Washington’s petty partisan tinkering with the healthcare system. … Continue reading Response to Peter Orszag: Efficiency Is Not Enough!