VA News on Memorial Day

As I do every Memorial Day, I highlight some recent news about the health care system serving our veterans, Veterans Affairs (VA). First off, VA is starting to use social determinants of health, and health-related social needs when conducting hospital discharge planning. VA deputy assistant IG Julie Kroviak: “…there’s a citation in the report where…

Links

Rise in reported US maternal mortality rates largely due to change in measurement ChatGPT 4o and Khan Academy. FDA clinical trial snapshots: 2023. Do some Medicaid beneficiaries even know they are insured? Do PBMs reduce prices?

Is IRA drug price negotiation unconstitutional?

A federal judge says ‘no’. Endpoints reports: A New Jersey federal judge on Monday tossed cases brought by Johnson & Johnson and Bristol Myers Squibb against the Inflation Reduction Act, another victory for the law while Medicare works through the first year of price negotiations with industry. In a summary judgment, Judge Zahid Quraishi ruled…

Links

LLM approach expert levels in ophthalmology. Price controls in health care (Argentina) Will bird flu (H5N1) animal pandemic spread to humans? Lex Fridman interview with Mark Cuban (with discussion of Cost Plus Drugs) Spotlight on Medicare’s Chronic Care Management program.

Healthcare Trends to Watch in 2024

Some key trends to watch from some of my colleagues at FTI in their article The Evolution of Healthcare: Trends to Watch in 2024. Commercialization of Healthcare. Over the past decade, private equity’s presence in the healthcare sector has significantly accelerated, with annual deal values soaring from $41.5 billion in 2010 to $119.9 billion in…

ISPOR 2024

I will be speaking on two panels at the upcoming ISPOR 2024 conference in Atlanta, GA. Myfirst panel “Economic Insights Into Nutrition: Unlocking the Value in Chronic Disease Management” on Tuesday, May 7, will discuss the opportunities and challenges of economic evaluation of nutrition interventions and compare economic analysis of nutrition interventions with analysis of…

Links

Generative AI for economists. Juvenile curfews on teenage birth rates. Cato on Biden Short‐​Term Health Plans Rule. Parents’ education on children’s earnings. DTx for MDD.

Can AI make health care more efficient?

People won’t be surprised to learn that AI could improve the accuracy of diagnosis, expedite the rates of drug discovery, or even replace some (or many) activities typically done by doctors. However, can AI save the health care system money? That is the question asked by a recent article in The Economist titled “Can artificial…