ISPOR’s 2024 HEOR Awards

Who won the ISPOR’s 2024 HEOR awards? The list is below. Avedis Donabedian Lifetime Achievement Award: C. Daniel Mullins, PhD; Professor of Practice, Sciences, and Health Outcomes Research and Executive Director of The PATIENTS Program; University of Maryland School of Pharmacy; Baltimore, MD, USA Marilyn Dix Smith Leadership Award: Deborah Marshall, PhD; Professor and Svare…

FTC erects additional administrative barriers to hospital mergers

Last week, the Federal Trade Commission (FTC) increased their required premerger reporting requirements for any healthcare providers such as hospitals. Healthcare Dive reports: Thursday’s update marks the first time the FTC has revised its Hart-Scott-Rodino Act premerger notification form in nearly 50 years.The law is intended to alert officials of companies’ intent to merge and…

Daron Acemoglu, Simon Johnson and James Robinson win 2024 Nobel Prize in Economics

The Nobel Prize committee summarizes their contributions as follows: Some countries become trapped in a situation with extractive institutions and low economic growth. The introduction of inclusive institutions would create long-term benefits for everyone, but extractive institutions provide short-term gains for the people in power. As long as the political system guarantees they will remain…

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When Interest Rates Go Low, Should Public Debt Go High? ROI for SDOH interventions. Consumption responses to sweetened beverage taxes. Do health care quality improvement policies work for all? “Provider respondents reported spending time equivalent of more than 100 000 full-time registered nurses per year on prior authorization. ”

The new OMB Social Welfare Function

Recently, the Office of Management and Budget has released new procedures to assess government regulation (Circular A-4) and economic policies (Circular A-94). What is unique about this guidance is that it weights benefits and costs of new regulations and policies based on the income of the individuals impacted. The goal is to help reduce inequality.…

When should we trust AI more than physicians?

The time may be fast approaching. A paper by Goh et al. 2024 sampled 50 physicians and examined which was better: physicians alone, physicians with access to GPT-4, or GPT-4 alone. The primary outcome was how well each group diagnosed the case (i.e., diagnostic reasoning score). The authors found that: The median diagnostic reasoning score…