Unbiased Analysis of Today's Healthcare Issues
Last month, ICER updated their protocol for identifying drugs that have unsupported price increases (UPI). Not only is ICER examining rising drug prices, but California and Vermont now have laws tracking substantial drug price increases, requiring drug manufacturers to submit information that might justify increases above a certain threshold. ICER says that the UPI reports…
REITs own 3% of all hospitals and 12% of all skilled nursing facilities. DCE methods: Separating attribute non-attendance from taste heterogeneity. Causal Directed Acyclic Graphs (DAG). Remote work and home prices. Legislation to combat prior authorization delays.
What considerations beyond quality adjusted life years and cost should be considered when evaluating gene therapies? A panel from ISPOR provided just such a discussion. As summarized an ISPOR’s Value and Outcomes Spotlight article titled “Can Pharmaceutical Pricing Move Beyond Cost QALY for Value Consideration?“, Michael F. Drummond pointed out that: …there are other values…
The value of medical devices caries with it less certainty than pharmaceuticals for a variety of reasons. As described in Kovács et al. (2022) medical devices: often have multiple applications, frequently, undergo product modifications and during their product lifecycle, multiple incremental technological innovations take place affecting both clinical and economic consequences of their adoption into…
Will telehealth widen or reduce health disparities? Telehealth may make it easier for individuals who lack transportation to get access to medical care; on the other hand, those without high-speed internet or good cell phone connections could be disadvantaged. In a recent report, NCQA examined the future of telehealth and examined how to make sure…
I’ll be attending ISPOR 2022 in Washington DC next week. It’ll be great to see a number of my peers in person after two years of virtual meetings. One of my research papers that will be presented is titled “Economic Impact of Sequential Testing for COVID-19 and Influenza with Molecular Point of Care in 3…
How is FDA trying to accelerate development of cures for rare disease? Health tech due diligence in M&A. Is the FTC anti-trust process unconstitutional? Does improving energy efficiency save energy? Is workers’ comp overpriced?
In the past months, many hospitals and other health care providers have noted the steep rise in the cost of hiring nurses. Many providers saw double digit year-on-year growth of nurse wages. For instance, some health systems in Louisiana saw a 16% rise in labor costs between 2021 and 2020. In large part, much of…
That is the question answered in a paper by Autor et al. (2022). Some background on PPP: Congress enacted the Paycheck Protection Program (PPP), which provided uncollateralized, low-interest loans of up to $10 million to firms with fewer than 500 employees—loans that were forgivable on the condition that recipient firms maintained employment and wages at…
A paper by Ge et al. (2022) aims to answer this question with a discrete choice experiment survey of medical students at Shandong University in China. Respondents had to select a preferred treatment which varied over 3 dimensions: profit to the physician, patient health benefit, and patient financial cost. The paper abstract is below: The…