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How accurate are RVUs? Capturing the patient voice. Tools for physicians to find patient copays for drugs. New generic EpiPen hits the market. An honest man. Is Mechanical Turk trustworthy for surveys?

Experts debate Trump drug pricing policies

What will Trump’s “favored nation” policy do to drug prices and innovation? How will 340B reforms affect the price hospitals charge for drugs? Myself and my colleague Jim Baumgardner weigh in with our thoughts in an article in FormularyWatch. “US drug prices will certainly fall. However, prices outside the US will rise,” Jason Shafrin, PhD,…

Academic Health Economists’ Blog Journal Round-Up

Today I put together the journal round-up for the Academic Health Economists’ blog, one of my favorite reads. I review three papers: Understanding price growth in the market for targeted oncology therapies. American Journal of Managed Care [PubMed] Published 14th June 2019 Do cancer treatments have option value? Real‐world evidence from metastatic melanoma. Health Economics [PubMed]…

Polio vaccination and mass hysteria

We are getting close to eradicating polio…but we are not there yet. That is why a recent article in this week’s Economist on polio vaccination in Pakistan is so troubling. Worried parents began arriving at hospitals in ones and twos, then dozens and soon hundreds. Each was convinced their child was sick, poisoned by polio…

Survival distributions in R

My former colleague Devin Incerti has a nice summary of how to implement survival function estimation in R. Not only does he mathematically describe the probability density function (PDF), cumulative density function (CDF), and hazard rates for 8 commonly used parametric survival curves [see table below], he also describes how to implement these using the…

EHR and physician burnout

Electronic health records (EHR) have the potential to greatly improve the quality of care. EHRs allow multi-specialty teams to access the same underlying medical information and eliminate the issue of miscommunication due to poor physician hand writing. At the same time, EHR increase data entry burden. Is the benefit of EHR worth the cost? One…