For 17% of GDP, we receive shorter lifespans and higher infant mortality. While most ire is directed at hospitals and pharmaceutical companies, middlemen or intermediaries – insurers, pharmacies, drug distributors, and pharmacy benefit managers (PBMs) …
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Take Care of Them So They Can Take Care of Us
For almost three years, they have been there. Our doctors and nurses and therapists and administrative staff, accepting the unknown personal risk to their health to be sure we got the care we needed. Now …
Continue readingFree Markets: Cause and Solution for Drug Shortages
A recent Duke University study identifies the cause of drug shortages and proposes potential solutions. Free markets, which limit profits from generic medications, weaken the supply pipeline. Adjustment in those incentives through regulation can boost …
Continue readingNtC 25: What the World Needs Now
From one continent to another, we are on an unsustainable healthcare cost curve that threatens our ability to address problems such as climate change, income inequality, and sustaining economic growth. The revolutionary use of healthcare …
Continue readingFollowing our Duty of Care
(Download a PDF Copy of this Document) The principle of “Duty of Care” is a pivotal framework that governs the conduct and responsibilities of healthcare providers. This obligation extends beyond ethics, constituting a legal mandate …
Continue readingNtC 24: Healthcare: A Business Like No Other
In 2006, Michael Porter, the well-known Harvard economist and business guru, wrote Redefining Health Care: Creating Value-Based Competition on Results. Now, 17 years later, our industry struggles with the same unsolved problems: There is no …
Continue readingEmbrace Analytics to Facilitate Change
In 1995, Nicholas Negroponte, head of the MIT Media Lab, wrote a book titled Being Digital. In it, he explained in simple detail how moving from an analog to a digital world would supercharge communications …
Continue readingAre You Using Your Dark Data?
Physicists believe that dark matter makes up 85% of the matter in the universe. That percentage is less than some experts estimate is the dark data in most companies. IBM believes that dark data represents …
Continue readingNtC 23: Skunk Works
In the middle of World War II, the U.S. Air Tactical Command of the Army Air Force – the modern-day Air Force was not established until 1947 – met with Lockheed Aircraft Company to express …
Continue readingAchieve Value Optimization by Effectively Leveraging Analytics
(Download a PDF of this document) In an era where data is often referred to as the “new oil,” the ability to harness its power effectively is crucial for organizations across various sectors. Embedded analytics …
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