Everyone is trying to save money these days, and using coupons is becoming more and more common. Coupons can be found from dinners out to oil changes to… medical care? Some websites, such as Groupon, take a portion of the payment received for …
According to a report from Merritt Hawkins, a big physician search and consulting firm, that isn’t yet happening to a significant degree in the real world. The company’s annual report on recruiting incentives finds that 74% of the jobs they …
MediBid has been called the Travelocity for healthcare because what Travelocity did for airline travel in terms of bringing transparency, MediBid has done for medical are. Have you ever heard of someone going to the hospital for medical care and …
These reported “losses” are based on chargemaster rates. When a hospital bills, they use a grossly exaggerated rate which no one takes seriously. They use it to intimidate the uninsured into buying insurance. Remember that it was the hospitals who …
Paul Krugman on How to Keep the Doctor-Patient Relationship Sacred: Less Commercialism, More Bureaucratic Oversight – Hit & Run : Reason Magazine. Economics is the study of choice and constraints on choice. A proper economist should recognize that one of …
The situation with off-label promotion would be seen as absurd if applied outside the pharmaceutical industry. Consider this scenario: Imagine that a government agency agreed that Ford’s 4×4 pickups performed well as work trucks and gave Ford permission to promote …
Incentives matter… do you really think he would be willing to take the doctor’s attention away from other patients if he had to pay for that privilege? And how likely would he have been to apply super glue to his …
The grand prize will be the 7 disc CD Audiobook of Greg Dattilo & Dave Racer’s “Your Health Matters”
Original post at NCPA. There is one group of workers who have signed a consent decree with the federal government, agreeing to never form a union. Do you know who they are? Answer below the fold. The economics of unions …