As health care costs continue to rise, a logical starting point for potential savings is addressing waste. A 2010 report by the National Academy of Medicine (NAM) estimated that the United States spends about twice as much as necessary on BIR costs.2 That administrative excess currently amounts to $248 billion annually, according to CAP’s calculations.Read More
In our interview, he argues that the technological divide between regulatory law and healthcare delivery are harming patients and providers. The problem extends to laws governing groups like the U.S. Food and Drug Administration — which Richman credits for doing the best it can to overcome this challenge — and nearly every corner of medicine.
For years, nurse practitioners and physician assistants have taken on tasks that doctors once performed. This has saved money, of course, but it has also improved quality, because doctors and paramedics perform tasks that best fit their expertise. However, based on our research in India, we believe there’s a lot more room for task shifting in U.S. health care.Read More