Causality: Granger Causality

Earlier this year, I reviewed one definition of causality: the Bradford Hill criteria. Now I move from a medical definition causality to one developed by an economist (in fact, an economist from my alma matter). Granger causality basically identifies a variable as causal if: (i) it occurs the outcome of interest and (ii) including past…

What to expect in 2019

Here’s a brief summary of some leading thinkers thoughts about what to expect in 2019 in health. Have a health and happy New Year! Cleveland Clinic top 10 innovations of 2019. BBC gives 6 things to look out for in health in the UK in 2019 HealthExec‘s top 10 challenges for 2019. Forbes Top 8…

Value of Unpaid Work and Leisure time

Oftentimes, cost effectiveness analyses of new treatments measure health benefits less medical costs.  However, getting treatment often involves a significant amount of time cost.  Some cost-effectiveness analyses take into account take into account lost productivity amount individuals who work. However, these analyses rarely take into account lost time that could be used for unpaid work…

Links

What costs the U.S. $197.3 billion? Slow death of rebates? How robust is propensity score matching? Trump and fetal tissue research. N.Y. Times: “Balancing prices and access to drugs for the patients of today with the innovation that will benefit those of tomorrow will take ingenuity, as well as a lot of political will.”

Is physician judgement overrated?

Would you trust the judgment of a machine or a physician?  That is a pretty simple question.  A seminal paper by Dawes, Faust and Meehl (1989) claim that you should trust the machine.  The compare statistical or actuarial methods that are not based on human judgement against physician’s own decisions. In reviewing the literature, they…

Come work with me at PHE

If you are interested in working with me at Precision Health Economics, please apple here.  A job description is below. Associate Research Scientist – Health Policy Location: Los Angeles, California US Job Id: 1357 Los Angeles, California US Work From Home Available:No Exempt,Regular Full-time Division:Precision Value & Health Business Unit:Precision Health Economics   Who we…