Contrary to the most commonly cited cost, a new study at JAMA Internal Medicine finds that the cost of developing a cancer drug is around $650 million and that companies typically fully recover that cost within a couple of years after approval.
http://jamanetwork.com/journals/jamainternalmedicine/article-abstract/2653012A paper from Stanford University researchers tests various models for improving prediction of who will be a high-cost patients.
Read More
98point6 raises a hot $19.5 million from feverish investors. I am not sure what it does but the geniuses who wrote the press release say the company has an "audacious vision". It uses "deep technology" (on the ocean floor?) to do something related to continuity of care at a "massively lower cost than anything in the market today" (I didn't know cost had mass.) It is not a good sign when you can't tell in the first sentence or two of a press release what a company actually does. These investors are truly delirious.
http://www.businesswire.com/news/home/20170919005623/en/98point6-Raises-19.5-Million-Series-Funding-“ContinuityA report from Mark Farrah Associates looks at mid-year financial performance for health insurers.
Read More
A Genworth Financial report explores cost trends in the costs of long-term care.
Read More
A survey of consumers and physicians gives their perspectives on the causes of rising health costs.
Read More
Large benefit consulting firm Mercer says that health benefit cost trend for employers in 2018 will be 4.3%, after benefit changes, with drug costs continuing to disproportionately affect that trend.
https://www.mercer.com/newsroom/mercer-survey-shows-employers-face-increase-in-health-benefit-cost-in-2018.htmlA survey from Health Catalyst finds that most providers think their EHR is providing a poor or worse return on investment and only 10% say they are getting a positive return.
http://www.prnewswire.com/news-releases/survey-healthcare-technology-pros-see-poor-roi-from-electronic-records-but-view-analytics-as-a-solution-300519772.htmlAbout this Blog
The Healthy Skeptic is a website about the health care system, and is written by Kevin Roche, who has many years of experience working in the health industry. Mr. Roche is available to assist health care companies through consulting arrangements through Roche Consulting, LLC and may be reached at khroche@healthy-skeptic.com.
Apple Podcasts
Google Podcasts
Spotify
Overcast
PocketCasts
Radio Public
Stitcher
Anchor
RSS - Posts