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In a new Health Affairs article released in February, Schaeffer Center researchers provide evidence that hospital productivity increased from 2002 to 2011, suggesting that the US health care system could be performing better than many believe. John Romley, Research Assistant Professor at the USC Schaeffer Center for Health (more…)
“Moonshot” was the word Google CEO Larry Page used to describe his newest venture, Calico–a biotech startup focused on the challenge of aging and age-associated pathology. In fact, medical therapies to delay aging are increasingly feasible, and, as shown by our study in Health Affairs, could achieve a far greater return on investment than comparable advances in the treatment of specific diseases. (more…)
A recent New York Times headline reported that health plan costs for New Yorkers will fall 50%. They were taking the bait from Governor Cuomo’s office, who crowed about “real competition that helps drive down health insurance costs.” (more…)
Watching Arrested Development with my kids, my mind started to wander after the eighth episode or so. How can Netflix let us gorge ourselves on so much television and – if it makes business sense – are there any lessons for the health care industry? The surprising answer turns out be yes, and it has to do with drugs. (more…)
Health economists are fond of saying that medical technology is to blame for rising health care costs. Some – including me – have also pointed out that about 30% of health care spending is wasteful. (more…)