I recently interviewed Dan Munro on PopHealth Week and we discussed his book Casino Healthcare. We all know about the high costs and poorer outcomes associated with American Healthcare. In Casino Healthcare Dan explains his view of how our system, one built with Selective Health Coverage is like a casino; or really three casino’s, the insurer casino, provider casino and pharmaceutical casino.
Dan explores each of these areas and explains how they work to maximize revenue through a system of complex transactions and systems.
As an example, on the Provider side Dan explains a little known group called the AMA/Relative Value Scale Update Committee or “RUC” as its more affectionately known. Continue reading
Brian Klepper and I just published a piece entitled:
Employers, unions look to direct contracting for health system contracts
Some key points:
“Industry denials notwithstanding, reducing healthcare costs is fundamentally against nearly every healthcare organization’s perceived economic interests.”
“Florida’s Gov. Rick Scott, former CEO of Hospital Corporation of America, pointed out at a venture capital conference a few years ago, ‘What business wants to make half this year what they did last year? That’s why the healthcare industry won’t fix the healthcare industry.’ “
So purchasers beware. You can read the article by clicking the link to the story at Employee Benefit News:
And if you’d like to learn ways to lower your healthcare costs, contact Brian or me at Health Value Direct