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
For many workers, health insurance is no longer what it once was. Health care costs borne by employees in the form of deductibles and coinsurance rose at a far faster rate than what employer-sponsored insurers paid for care between 2006 and 2016, according to the Kaiser Family Foundation.Read More
It is time for public policy makers to recognize the absurdity of ignoring the most critical social determinant for good health outcomes: safe housingRead 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.