Unbiased Analysis of Today's Healthcare Issues
Research by D. Mark Anderson, Kerwin Kofi Charles & Daniel I. Rees in the NBER report provides some useful graphs looking at how various public health interventions have impacted health outcomes in the U.S over the last century. Specifically, the authors show that public health interventions aimed at improving the health of the municipal water…
The 2021 Nobel Prize in Economics goes to David Card, Joshua Angrist and Guido Imbens due to their work on “natural experiments” and how this econometric technique can inform important research questions in labor economics. From the Nobel Prize press release: Using natural experiments, David Card has analysed the labour market effects of minimum wages, immigration and…
That is the question posted by Ganguli et al. (2021). The define low value care as one of 41 specific services. They then use data across 556 health systems serving more than 11m beneficiaries to answer this question. Which types of low value care are most commonly used? The most common low-value services were preoperative…
Favorite paper. Covered California’s out-of-pocket drug max Google moves to first price auction. FDA on RWD for regulatory decision-making. NBA and health care fraud.
Discount rates are commonly used in the world of finance. Would you rather have $1 today or $1 in 5 years? Most people would prefer $1 today. For instance, if you had $1 today and put it in a bank account, it would be worth more than $1 in 5 years. Thus, when making financial…
Life can only be understood backwards; but it must be lived forwards. – Soren Kierkegaard
The Government Accountability Office (GAO) last week published a report evaluating the Merit-based Incentive Payment System (MIPS). MIPS is an approach for CMS to pay physicians caring for Medicare beneficiaries based not just on volume but on value. MIPS evaluates provider value along four dimensions: (1) quality, (2) improvement activities, (3) promoting interoperability, and (4)…
David Julius and Ardem Patapoutian have won the 2021 Nobel Prize in Physiology or Medicine for their work “for their discoveries of receptors for temperature and touch.” Here is a summary of Professor Julius’ contribution from the BBC: Prof David Julius’s breakthrough, at the University of California, San Francisco, came from investigating the burning pain…
Value of nurse practitioners for inpatient care. DTx and outcomes-based contracting. Is there a limit on human survival? Back to normal in Madrid? (en español) “Not statistically significant” is not the same as zero and “When Should Clinicians Act on Non–Statistically Significant Results From Clinical Trials?”