Links
Impact of retirement on health. JAMA articles on physician use of AI (1, 2, 3) Is the COVID-19 emergency over? What EHR reforms are needed? Pharma vs. PBM: patients lose out?
Month: May 2023
A Strategy For Value-Based Drug Pricing Under The Inflation Reduction Act
This is the title of my Health Affairs Forefront article published today alongside co-authors Darius Lakdawalla, Jalpa Doshi, Louis Garrison, Anup Malani, Peter Neumann, Charles Phelps, Adrian Towse, and Richard Willke. The article begins by discussing some of the pros and cons of different approaches for CMS to set the maximum fair price (MFP). Across…
Quantifying 21st-Century Opportunity Costs of FDA Regulation
That is the title of a very interesting paper by Casey Mulligan (2023) [NBER WP version]. The full title includes the phrase “Peltzman revisited”. This refers to a paper by Peltzman (1973).When speaking of the 1962 “Drug Efficacy Amendment” (EA) to the Federal Food, Drug, and Cosmetic Act a key piece of research was Peltzman…
American Economic Journal: Best Paper Awards
The American Economic Journal (AEJ) recently came out with its awards for best papers of the year. These are listed below along with their abstracts. AEJ: Applied Economics: “The Evolution of Work in the United States,” by Enghin Atalay, Phai Phongthiengtham, Sebastian Sotelo, and Daniel Tannenbaum 12(2), (pp. 1-34) April 2020 AEJ: Economic Policy: “Technology,…
Links
Workers Comp total drug spend: $2.9 billion. Will AI increase or decrease firm size? Complex systems models for public health. For-profit hospice saves money. RCT: AI vs. human in and cardiac function assessment.
History of the 3-day hospital stay requirement for SNF coverage
An interesting article by Mor (2023) examines the history of the requirement for a 3-day hospital stay for Medicare to cover a skilled nursing facility (SNF) transfer. The 3-day requirement: …was introduced very early in the history of the Medicare SNF benefit at a time when most nursing homes (NHs) offered primarily custodial care and…