Wednesday, August 3, 2011

Send Your Coughing Co-Worker Downstairs

An interesting article from Fortune on how employers are starting to build on-site clinics at the office.

It makes sense.

I also foresee an uptrend in employer sponsored fitness centers and gyms.

Monday, July 11, 2011

Venting Through Social Media

It's been a really long time since I've posted on here. Here's an interesting article I found on the human aspect of day-to-day physician patient interaction. More specifically on the use of social media to vent frustration.

http://www.ama-assn.org/amednews/2011/07/11/prl20711.htm

Monday, October 25, 2010

Price Shopping for Healthcare

The race is on for the best free cost comparison website. There are quite a few challenges for these sites:
  1. How does the site generate a source of revenue to keep it operating?
  2. How will it compare services that are along the same grain of detail?
  3. How will it simplify procedural terms so that they are understandable and not "medical speak"?
There are quite a few challenges to get a fully functional site operating that's of value to the consumer. However, if such a site exists, will people use it? Will it present a value to the consumer who may only care about out-of-pocket costs. Perhaps, quality and cost share estimates can be luring enough for consumers to start major adoption.

Here are a few players in the game:

pricedoc.com

mymedicalcosts.com

healthcarebluebook.com

Tuesday, October 19, 2010

How Much is Your Doctor Getting From Big Pharma?

Here's a link to a website which lists doctors across the country who receive over $100,000 in payments from pharmaceutical companies. This is one step toward greater transparency and allowing the patient to make better informed decisions about his/her care.

I'm not saying the doctors on this list are incentivized to push certain drugs over another. I am saying that making this information available to the public is very useful for the patient.

http://projects.propublica.org/docdollars/top_earners

Wednesday, March 10, 2010

Would You Subsidize Your Coworker's Health Insurance?

Let me pose a question to you to help you think about your own personal beliefs regarding healthcare reform:

You see your coworkers smoking cigarettes, deliberately making unhealthy choices for lunch and avoiding the stairs to take the elevator. You on the other hand, make healthy choices and invest heavily in sweat equity at the gym.
  • Should you pay the same insurance premiums as your unhealthy coworkers?
  • What incentives are needed to change your coworkers behavior?
  • Or vice-versa, should there be monetary consequences for intentionally living an unhealthy lifestyle?

Tuesday, February 23, 2010

Lessons from the Germans

Here's an interesting article from McKinsey. This is an interview of a senior executive from the German Ministry of Health.

https://www.mckinseyquarterly.com/Health_Care/Hospitals/How_Germany_is_reining_in_health_care_costs_An_interview_with_Franz_Knieps_2534

Call it "socialized health insurance" if you will. Don't get caught up with labeling it as "socialized medicine". U.S. politicians do a great job of scaring the American public of government run healthcare but neither the Obama Adminstration or the German's dictate which doctor you can visit or which hospital to receive services from.

The common denominator in both systems is that YOU as a customer (member) have the right to choose.

Things to think about leading into the next generation of healthcare reform:
  • Mandated health insurance coverage e.g. car insurance is required for CA drivers
  • Supplemental health insurance to cover "gaps" in coverage. The private market will create new products to meet niche needs.
  • Uniform payments for prescription drugs and medical services based on evidence of performance
  • Preserve the patients right to choose coverage or providers
  • Focus on prevention, wellness programs and disease/care management
  • Use claims data to match payments to outcomes

Monday, July 14, 2008

Healthcare: The Next Tech Boom?

As the healthcare landscape is changing and encountering a generation of aging baby boomers, the need for innovation and efficiency is rapidly increasing. Healthcare is facing a challenge to provide expanded services to an aging population with a decline in Medicare reimbursements of up to 35% by the year 2015. As a result, a healthcare technology boom is in the making as providers and payers are turning to technology to better coordinate care and explore new delivery alternatives.

Technology companies like Google, HP and Intel are investing millions of dollars in research and development to invent new smart devices and other technologies. These devices range from advanced sports equipment that will measure muscle contractions to programmable coffee mugs for Alzheimer’s patients. Digital Connect magazine estimates that U.S. revenue from digital home-health devices could quadruple to exceed $2.1 billion by 2010. These smart devices will play an increasing role in orchestrating patient wellness at home and hospitals. New possibilities are created such as monitoring blood pressure and sending the information in real-time to a physician. Another new possibility is to build a network of wireless medical devices to be used at home, clinics and hospitals.

In addition to smart devices, consumers, providers and payers are exploring new self-service options and online health alternatives. Kaiser Permanente has begun rolling out self-service kiosks designed to speed the physician office visit check-in process at 60 medical clinics in Southern California. And, in April of 2008, Kaiser also announced that more than 2 million members are actively using their personal health record which offers appointment scheduling, prescriptions, eligibility, lab results and email communication with physicians. Furthermore, in January of 2009, Cigna and Aetna will pay for online visits in attempts to improve efficiency and prevent costly problems. Medem, a provider of online services for physicians, serves 70,000 physicians and expects the number of e-visits to exponentially grow over the next few years.

Healthcare is heading toward an exciting wellness movement with the help of a momentous technology revolution. Smart devices are creating new possibilities that were non-existent before and consumers are taking action into their own hands by using the internet. Care providers and payers who embrace innovative technologies will find new ways to provide better care and position themselves as leaders in the industry.