Articles tagged with Medical Economics
A recent study found that accelerated cancer drug approvals provided limited survival benefits for patients, while costing Medicare billions of dollars. The research, published in BMJ Medicine, analyzed the costs and benefits of early access to new cancer drugs through the FDA's accelerated approval pathway.
Researchers have launched a new multimodal medical dataset, Observer, capturing anonymized, real-time interactions between patients and clinicians. The dataset links video, audio, transcripts, and electronic health records to study subtleties like body language and environmental factors affecting care.
A study published in the journal Children found that improving access to safe drinking water can reduce the odds of stunting by about 20%. The researchers analyzed data from over 3,500 children and found that clean water access had a stronger impact on child growth than sanitation.
The study found that children with at least one complex chronic condition now account for more than two-fifths of pediatric bed days and nearly three-fifths of hospital charges. The concentration of these children in urban teaching hospitals has real implications for where care happens, who delivers it, and how it is paid for.
The study found that federal loan restrictions will place substantial financial barriers on aspiring physicians, potentially reducing workforce diversity and worsening existing physician shortages. The researchers urge policymakers and medical schools to consider targeted solutions like loan forgiveness or tuition reduction programs.
Researchers at University of California San Diego School of Medicine found that streamlined surgical preference cards can significantly reduce hospital waste and improve operational efficiency. By analyzing thousands of surgeries, they identified unnecessary items and optimized lists to save up to $3 million over five months.
A qualitative study found that physician responses to patient expectations contribute to pay gaps among Canadian physicians, particularly women, racialized, and immigrant physicians. Researchers suggest adjusting compensation models for extra time required for certain care types and examining fee schedules for underpaid services.
A new study ranks 38 OECD countries on their progress toward global health goals, finding that some of the world's wealthiest nations lag behind smaller economies. Nations with well-integrated public health systems and preventative care achieve better outcomes for every pound spent.
The Leopoldina discussion paper recommends realigning German development cooperation to focus on both prevention and medical treatment for childhood blindness. The approach, called 'Global Clinical Care', aims to strengthen local care capacities and provide training for ophthalmic specialists through institutional partnerships.
Provincial partnerships with corporate-provided virtual care programs raise concerns about access, quality of care, and data privacy. Governments must ensure healthcare standards are met, protect patient data, and maintain transparency around contracts and profits. The authors advise caution before introducing corporate entities in the...
A University of East Anglia study found that treating patients at home with IV antibiotics can save the NHS over £3,500 per patient and potentially free-up vital hospital beds. The treatment involves having antibiotics prepared at home and continuously delivered into the bloodstream by an elastomeric pump.
A recent study published in CANCER found that the number and complexity of cancer clinical trials have varied greatly across low- and middle-income countries (LMICs) since 2001. While economic growth has been a contributing factor, it is not the sole determinant of cancer clinical trial growth among LMICs.
Physician Organization of Michigan ACO (POM ACO) has achieved significant savings for Medicare by reducing unnecessary spending and focusing on preventive care. The organization's efforts saved Medicare nearly $35 million in 2024, with members sharing in the $17 million incentive.
A new RNA-based therapy targeting Marfan syndrome shows promise in treating the genetic disorder, which can lead to aortic aneurysms and be fatal. The therapy, developed by Mizzou researcher Dunpeng Cai, aims to correct mutated RNA for those with Marfan syndrome.
Kipum Lee, PhD, has been promoted to President of UH Ventures, succeeding David Sylvan. He will drive revenue growth and margin improvement through business opportunities aligned with UH's enterprise strategy.
The 340B program has grown into the nation's second-largest drug purchasing program, with significant revenue generated from spread pricing, which disproportionately benefits providers with more commercially insured patients. Eliminating this distorted incentive is essential to ensuring safety-net providers receive benefits.
Researchers have quantified the costs of e-scooter injuries for the first time in Ireland, revealing an average cost of €1,726 per patient. The study found that e-scooter injuries mainly resulted in musculoskeletal injuries requiring major surgery, resulting in significant financial burdens on healthcare services.
Research at UCLA Health Sciences found that high-markup hospitals charge up to 17 times the true cost of care, resulting in poorer patient outcomes, including higher complication and readmission rates. Patients treated at these hospitals often experience financial toxicity or medical bankruptcy.
A recent study at UC San Diego Health found that virtual transition of care clinics lower hospital readmissions for high-risk patients by 14.9%. The clinic provides immediate post-hospital care, reducing no-show rates and improving patient outcomes.
A portable device using machine learning can detect signs of concussions in real-time, providing a more objective way to assess injuries. The Mizzou Point-of-Care Assessment System combines a force plate, depth camera and interface board to track movement, balance and reaction times.
Researchers at Children's Hospital of Philadelphia developed a quality improvement initiative to increase dental varnish application rates. The effort resulted in a significant boost in varnish use, with over 50% of children receiving varnish annually, exceeding the target goal of 20%.
The University of Bergen's 'Fair Choices on the Path to Universal Health Coverage' project aims to strengthen low- and middle-income countries in handling cuts in development aid. The project will improve priority setting through evidence-informed, context-specific approaches, collaborating with academic institutions and governing bodi...
A new white paper from the USC Schaeffer Center recommends FDA reforms to streamline clinical trials, provide clearer guidance on newer technologies, and improve agency efficiency. This could reduce development time and costs, pushing down prices and improving patient access.
Duke-NUS Medical School is sharpening its focus on population health, driven by the need to address rising healthcare costs and chronic diseases in Singapore. The Health Services Research and Population Health (HSRPH) Programme aims to deliver scalable, cost-effective solutions that improve patient outcomes and inform national policies.
A study by Mass General Brigham researchers found that the law significantly reduced out-of-pocket costs, but high burden medical spending remained unchanged. The findings suggest that additional policy efforts are needed to reduce healthcare-related financial burden, particularly among socioeconomically disadvantaged populations.
A modest gift card significantly increased enrollment of low-income individuals in a patient registry designed to accelerate Alzheimer’s disease clinical trials. Targeted outreach may be more cost-effective than offering larger prizes.
A new study by Michigan Medicine University of Michigan researchers concludes that broad COVID-19 vaccination in adults saves the US more money than it spends, with significant economic benefits for those over 65 and middle-aged adults. The model focuses on preventing deaths, hospitalizations, and lost productivity.
The book explores innovative computing technologies transforming healthcare delivery, diagnostics, and monitoring. It covers topics like artificial intelligence, machine learning, IoT, wearable devices, and real-time communication systems.
A new study published in JAMA Health Forum suggests that Medicare could save $3.6 billion annually by eliminating or reducing low-value tests and procedures for patients who do not benefit from them. This reduction in unnecessary care could also result in $800 million less in out-of-pocket costs for older adults.
A study evaluates a city-level warning system based on wastewater data to detect COVID-19 outbreaks early. The proposed system offers broader coverage, earlier outbreak detection, and lower costs compared to clinical surveillance.
A new study reveals that inadequate leisure-time aerobic physical activity accounts for $192 billion in annual healthcare costs among US adults. The Physical Activity Alliance is calling for cross-sector action to address the crisis and make physical activity a regular part of daily life.
A new study by the University of Birmingham found that Post-traumatic stress disorder (PTSD) has a significant impact on the UK economy, with average annual costs exceeding £14,781 per person. The total economic burden is estimated to be around £40 billion, which is expected to rise further due to the COVID-19 pandemic.
A new study from the University of Kansas found that high levels of social infrastructure are associated with healthier communities. Communities with higher levels of social, human, and cultural capital also had better health outcomes.
Two studies from University of Michigan researchers suggest many older adults and people with disabilities need more impartial help picking the best Medicare plan. Only about 13% of enrollees switch plans annually, and even fewer use the internet to research options.
A new analysis finds that delinking PBM compensation from list prices could lower US annual drug spending by nearly $100 billion. Shifting to a transparent payment model would reduce costs without undermining pharmaceutical innovation, according to USC Schaeffer Center Director Geoffrey Joyce.
A recent study by Florida Atlantic University reveals that up to 40% of hospital transfers from nursing homes can be avoided. The study identified common medical conditions linked to unnecessary hospitalizations, including feeding tube complications and urinary tract infections.
A study analyzed the campaign by Partnership for America's Health Care Future, a private health industry lobby group, and found it used similar marketing strategies as unhealthy commodity industries to manufacture doubt about universal healthcare policies. The campaign received millions of views on Meta platforms and targeted specific ...
A survey of over 2,200 US adults found that majority incorrectly believe plant-based diets are more expensive, with baby boomers being the most likely to think so. A diet centered on whole, minimally processed plant foods can be affordable and nourishing.
A new gene therapy delivery device called NANOSPRESSO could revolutionize how hospitals treat rare diseases by allowing them to create personalized nanomedicines in-house. This democratized approach to precision medicine could boost access to low-cost bespoke gene and RNA therapies, especially in low-resource settings.
Most Medicare beneficiaries will likely see their drug costs go up due to Part D plans' shifting cost-sharing burden. The new $2,000 annual out-of-pocket limit won't reach most beneficiaries, leading to higher deductibles and coinsurance for many.
A survey of 261 new fathers found that 64% took less than two weeks of leave, while 36% took more than two weeks. The main barrier was fear of losing their job. Paid leave would reduce barriers and increase take-up. Involving dads in childcare from the start is crucial for healthy outcomes.
A new study published in JRSM Open found that healthcare workers born overseas, particularly those from Asian and Black backgrounds, are less likely to reach higher pay bands under the NHS Agenda for Change framework. This is despite education and job role being adjusted for.
A new study found that problems with accessing high-quality care were a major driver for switching Medicare Advantage plans, not cost concerns. Dissatisfaction with medical care access was more common among those in poor health, and those who enrolled in MA plans with low star ratings were also more likely to switch.
Researchers analyzed trends in healthcare utilization among Japan's oldest-old population aged 75 years and above during the extended COVID-19 pandemic. The analysis revealed a modest drop in medical services and outpatient visits, while healthcare costs remained stable despite decreased patient volumes.
Clinician entrepreneurs face numerous barriers, including lack of market fit, risk aversion, and financing challenges. To overcome these obstacles, the authors recommend clinician entrepreneurship programs that provide business expertise and create academic recognition for successful companies.
A research team from the University of Copenhagen has developed a biotechnological method to produce Taxol, a widely used cancer drug. The new method involves cloning taxol-producing genes and inserting them into yeast cells, making it more cost-effective and sustainable than traditional chemical synthesis.
Research found that workforce participation among people with diabetes remains low, despite significant health improvements, due to factors like health complications and workplace barriers. The study suggests expanded access to anti-obesity medications could have positive effects on the labor market.
New research by ESMT Berlin reveals that hospitals acquired by private equity firms significantly reduce costs and administrative staff without harming patient care. The study finds improved operational profitability while sustaining essential medical staff levels over the long term.
Retail pharmacies excluded from Medicare Part D networks faced a higher risk of closure over the past decade, with independent and minority-owned pharmacies more likely to be affected. The study found that pharmacy benefit managers (PBMs) were contributing to this problem by steering beneficiaries away from non-preferred pharmacies.
A new analysis predicts that reducing Medicaid access could lead to thousands of additional deaths among working-age Americans and disastrous financial burdens. The study found that eliminating the ACA provision expanding Medicaid access could drive millions to delay needed care.
The American College of Chest Physicians has released a new clinical guideline on the transfusion of fresh frozen plasma and platelets in critically ill adults. The guideline contains seven evidence-based recommendations to reduce unnecessary transfusions, which are rarely needed prior to bedside procedures.
A new report from Flinders University reveals that Australia is facing a silent public health crisis due to poor sleep habits. The report outlines four priority actions to address the issue and calls for urgent action from policymakers to bring sleep to the forefront of the country's health agenda.
A new analysis of population surveys estimates that exposure to di-2-ethylhexyl phthalate (DEHP) contributed to 356,238 global heart disease deaths in 2018, accounting for 13% of all global mortality. The study also found higher death risks in the Middle East, South Asia, East Asia, and Pacific regions.
The study estimates that expanded Medicare coverage for GLP-1RAs would increase access to these treatments and reduce obesity-related comorbidities. However, this would come with substantial costs over a decade, projected at $8 billion, highlighting the need for further price reductions and cost-saving strategies.
Experts argue that large health care platforms are exhibiting concerning traits similar to big tech, including monopoly power, reduced innovation, and increased costs. They recommend antitrust attention and action to prevent further consolidation and promote vigorous competition.
Researchers developed a new method to determine optimal threshold time for restricted mean survival time analysis, improving statistical power in clinical and epidemiological studies. The method outperformed traditional statistical analysis methods in real-world scenarios, revealing clear differences between treatment groups.
A new study reveals promising progress toward predicting how patients with major depressive disorder will respond to antidepressant medications. Brain connectivity patterns were found to significantly improve predictions of treatment response across two large, independent clinical trials.
Researchers created an Experimental Beverage Marketplace to analyze the impact of taxes on sugar-sweetened beverage consumption. The study found that participants purchased significantly less of these drinks when a tax was applied, replicating standard economic principles.
A new study by the University of Bath found that London's Low Emission Zones significantly reduced harmful pollutants, resulting in lower sick leave rates and improved mental well-being. The introduction of Ultra Low Emission Zones also delivered substantial cost savings.
The US Cost of Dementia Project estimates total economic burden at $781 billion, accounting for lost earnings, diminished quality of life, and unpaid care. The project aims to inform evidence-based policies reducing dementia's financial impact.