Unbiased Analysis of Today's Healthcare Issues
There has been much hype about how artificial intelligence (AI) can revolutionize health care. Has it been able to do so? According to a The Economist‘s Technology Quarterly on AI and its limits, the answer is not as much as we had hoped. First, the hype: PWC…predicts that artificial intelligence will add $16trn to the…
What factors predict use of telemedicine? A paper by Reed et al. (2020) uses primary care data from Kaiser Permanente between 2016 and 2018 to find the answer. Note that these results are pre-COVID. Choosing telemedicine was statistically significantly associated with patient sociodemographic characteristics. For example, patients aged 65 years and over were less likely…
Hospitals losing $50 billion per month? Coronavirus vaccine tracker. Staffing up for the surge. Does SexEd work? A capabilities approach to health status assessment. The end of specialty drugs. When “blood money” is a good thing.
That is the title of my commentary with co-authors Kathy Lang and Ross Maclean in the Journal of Clinical Pathways. The abstract is below. What is the right price for a new treatment for COVID-19? One common approach—which is frequently used worldwide and in the United States by the Institute of Clinical and Economic Review—measures…
What is better: propensity score matching or instrumental variables? How about both? That is basically what is proposed using a near/far matching approach as described in Baiocchi et al. (2012). In this paper, they use a two step approach to examine the causal affect of adopting a new treatment–carotid arterial stents (CAS)–versus and older treatment–carotid…
Healthcare Economist was named one of the Top 100 Economics blogs of 2020 by the Intelligent Economist website. In fact, it was the first blog listed in the “Sub-field economic blog” category. Please do check out the full list as well.
Nothing in life is to be feared, it is only to be understood. Now is the time to understand more, so that we may fear less Marie Curie
How much should we value life? This is the question put forth in an interesting book by Howard Steven Friedman called Ultimate Price. The book reviews how economists, policymakers, philosophers and others place a monetary value on life. This could be a value courts place when making awards in lawsuits due to harm or death,…
Very useful video from math vlogger 3Blue1Brown: CNET also has an explainer as well.
What is the true unemployment rate? Why are the police in charge of road safety? The problem with free college. CURE-ID for COVID-19. Volver es ganar.