DOSS ECONOMICS https://alexisdoss.agnesscott.org A Contemplative Platform Dedicated To Understanding Health Economics, Health Policy, Health Services and Health Care Mon, 09 Dec 2019 01:57:13 +0000 en hourly 1 https://wordpress.org/?v=5.3.2 https://alexisdoss.agnesscott.org/wp-content/uploads/2016/11/cropped-bw-me-32x32.jpg DOSS ECONOMICS https://alexisdoss.agnesscott.org 32 32 Medical Errors: Economic Consequences & Tangible Policy Solutions https://alexisdoss.agnesscott.org/health-policy-analysis/medical-errors-economic-consequences-tangible-solutions/ https://alexisdoss.agnesscott.org/health-policy-analysis/medical-errors-economic-consequences-tangible-solutions/#respond Sun, 08 Dec 2019 04:11:43 +0000 http://alexisdoss.agnesscott.org/?p=399 Purpose: Medical errors account for many inefficiencies in our fractured healthcare system. According to numerous studies, medical errors are the third leading cause of death in the United States and contribute to billions of dollars in deadweight loss in healthcare expenditures. To address this astonishing fact, this brief is intended to showcase the economic burdens of medical errors and attempts to provide a sustainable policy solution. This brief will prepare me for further analysis of how medical errors translate into economic burdens on the U.S. economy. This post demonstrates my strength in analyzing economic inefficiencies within a particular fragment of the healthcare system, as well as my ability to propose and support a policy provision designed to reduce the prevalence of medical errors and subsequently decrease the associated deadweight loss.

Redesigning laws that define medical errors would be one of the pivotal components to overhaul our exhaustive healthcare system. Since the inception of our modern health system, medical facilities, hospitals, and clinics have encountered perpetual legal disputes regarding the operational efficiency and destitute quality of care of patients. In 2008, medical errors accounted for approximately $19.5 billion of healthcare expenditures, and the prospective economic impact for the upcoming year would total to $1 trillion (Andel, Davidow, Hollander, and Moreno, p. 39). This upward trend in medical discrepancies and their financial implications have led to a new wave of reforms. This brief essay will argue that there should be a statute that encourages the harmed patient and accused doctor to settle the issue before it enters the judicial system.

              It would be imperative to implement legislation that would reassure the concerns of the patient and safeguard the physicians. This would be known as the Medical Reassurance and Security Act. This approach would prevent expensive financial expenditures, while also considering the perspectives of the offended and accused parties. Medical errors are a result of displeased, harmed, or injured patients. In most cases, these individuals are in lower socio-economic conditions, and they are battling physicians with greater social capital and financial backing from their employers, such as hospitals and medical/health organizations. Opposing sides of the argument face emotional, financial, and social stress as a result of these claims, and having a law implemented to delay the issue from producing negative implications.

              Medical errors are inevitable outcomes of medical procedures; therefore, it would be essential to enact a policy that would prepare for unavoidable errors that would occur during healthcare delivery regardless of the amount of precautions implemented. This piece of legislation would make it easier when there has been an unintended medical outcome, when there has been alleged malpractice or even proven malpractice. Similarly to Iowa, it is an enactment that would be voluntary on both sides and would not reduce anyone’s ability to file a lawsuit if that is the route they decided to choose. This would provide an alternative mechanism so that if all the parties involved wanted to, they could freely meet to discuss the issue without going through the court litigation process. As a result, medical error expenditures would decrease by millions upon millions of dollars, and healthcare delivery outcomes would be controlled.

Bibliography

Andel, C., Davidow, S., Hollander, M., & Moreno, D. (2012). The economics of health care quality and medical errors. Retrieved May 01, 2019, from https://www.ncbi.nlm.nih.gov/pubmed/23155743

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Ethiopia: A Health System Infographic https://alexisdoss.agnesscott.org/ethiopia-a-case-study/ethiopia-a-health-system-infographic/ https://alexisdoss.agnesscott.org/ethiopia-a-case-study/ethiopia-a-health-system-infographic/#respond Fri, 08 Nov 2019 20:10:22 +0000 http://alexisdoss.agnesscott.org/?p=311 Purpose: As a part of an ongoing case study conducted during my collegiate education, I decided to do a comprehensive review of Ethiopia. I chose Ethiopia because it has one of the highest rates of blindness in the world; thus, an in-depth study of this country’s health system is pertinent to my goal of conducting economic evaluations of efficiency for future interventions I want to implement to decrease the prevalence of blindness among the Ethiopian population. Ethiopia has a rich and fascinating history, and the events that have transpired throughout time have directly and indirectly influenced the country’s current healthcare system and subsequent health outcomes. By analyzing and contextualizing the country’s health system, I can further my analysis of how the healthcare infrastructure of Ethiopia has contributed to the inequities and inefficiencies that result in specific ocular diseases, such as trachoma and cataracts. This composition demonstrates my strength in composing a comprehensive infographic with details highlighting the different aspects of Ethiopia’s health system.

A_Doss_PH311_EthiopiaHealthSystemProfileInfographic_27Oct2019

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The Hill: Future of Healthcare Summit https://alexisdoss.agnesscott.org/health-politics-political-thought/the-hill-future-of-healthcare-summit/ https://alexisdoss.agnesscott.org/health-politics-political-thought/the-hill-future-of-healthcare-summit/#respond Thu, 27 Jun 2019 10:00:33 +0000 http://alexisdoss.agnesscott.org/?p=283

Photo: “Future of Healthcare Summit” by Alexis Doss
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
This is a photo I took while attending the event. An abundance of notable healthcare leaders provided significant perspectives on how to reform our current healthcare system.

Purpose: This briefing is a composition of a myriad of policy conundrums in health and healthcare policy. Such topics were discussed during an event hosted by The Hill. I plan to use this event as an “information catalogue,” given that there are so many topics that I can explore from an economic perspective. From biotechnology to patient-centered care, these topics will enhance my understanding of the many elements that constitute domestic and global healthcare economic markets, and how I can propose sustainable policy solutions to improve them. These notes will prepare me for further economic analyses of efficient policies and programs. This post demonstrates my ability to compose comprehensive notes on a variety of health-related policy areas.

Date: Wednesday,
June 26, 2019

Location: Long
View Gallery, 1234 9th St. NW, Washington, DC 20001

Time (start-end):
9:00 am – 3:15 pm

Estimated attendance:
Approximately 200 people in attendance

Seating arrangement (diagram): Conference room

Hosts, Panel, Keynote Speakers:

  • Dr. Amy Abernethy, Principal Deputy Commissioner & Acting Chief Information Officer, US Food and Drug Administration
  • Dr. Justin Barad, Co-Founder and CEO, OSSO VR
  • Dr. Georges Benjamin, Executive Director, APHA (via video conference)
  • Senator Bill Cassidy (R-LA), Member Senate Committee on Health, Education, Labor and Pensions
  • Paul Cohen, Vice President of Strategy, One Medical
  • Dr. Rena Conti, Associate Research Director, Institute for Health System Innovation and Policy, Boston University
  • Dr. Dennis Cryer, Co-Convener, Biologics Prescribers Collaborative
  • Dr. Ezekiel Emanuel, Vice Provost of Global Initiatives, University of Pennsylvania
  • Matt Eyles, President and CEO, America’s Health Insurance Plans
  • Dr. Anthony Fauci, Director, National Institute of Allergy and Infectious Diseases
  • David Genetti, President, Clinical Technologies, Astarte Medical
  • Colin Hill, Chairman, CEO and Founder, GNS Healthcare
  • Leah Howard, Chief Operating Officer, National Psoriasis Foundation
  • Julia Jenkins, Executive Director, Everylife Foundation
  • Ann Mond Johnson, CEO, American Telemedicine Association
  • J. Stephen Jones, President and CEO, Inova
  • Dr.Scott Koenig, President and CEO, Macrogenics
  • Lisa Lacasse, President, American Cancer Society Cancer Action Network
  • Dr. Rachel Levine, Secretary, Pennsylvania Department of Health
  • Senator Joe Manchin (D-WV), Ranking Member, Senate Committee on Energy and Natural Resources
  • Janet Marchibroda, Fellow, Health Innovation, Bipartisan Policy Center
  • R. Shawn Martin, Sr. Vice President, Advocacy Practice Advancement and Policy, American Association of Family Physicians
  • Dr. Laquandra Nesbitt, Director, District of Columbia Department of Health
  • Steve Papermaster, CEO and Founder, Nano Vision and Former Senior Advisor to President George W. Bush
  • Dr. Karlyne Reilly, Director, Rare Tumor Initiative, National Cancer Institute Center of Cancer Research
  • Lori Reilly, Executive Vice President, Policy, Research and Membership, PhRMA
  • Andrew Spiegel, Executive Director, Global Colon Cancer Association
  • Representative Greg Walden, Ranking Member, Energy & Commerce Committee
  • Laura Wingate, SVP, Education, Support and Advocacy, Crohn’s & Colitis Foundation
  • Dr. Elias Zerhouni, Professor Emeritus, Johns Hopkins University, Former Director, National Institutes of Health

Organizations represented:

  • The Hill
  • Biotechnology Innovation Organization
  • Horizon
  • Amgen Biosimilars
  • American Public Health Association

Brief summary of presentations and dialogue:

Health Policy Blueprint: View from Congress

  • Senator Manchin
    • He spoke of the necessity to have more options
      and more incentives in the health care system.
    • Some Congressmen/women worry about investment in
      biotechnology and medical innovation at a time when the health care system
      needs to be restructured.
    • ACA needs to be reformed, not eliminated.
    • A hint of talk about doubling the NIH budget.
    • Opioid addiction and prevention are top
      priorities.
  • Senator Cassidy
    • Biggest issue affecting Louisiana residents:
      high drug costs.
    • Surprise billing legislation should pass by the
      end of July.
    • Support for Association Health Plans.
    • Republican health care package would be
      market-based and provide leverage for the patient.
    • Price transparency is a top priority.
    • Apprehensive about the insolvency of Medicare
      and not a supporter of Medicare-for-All.
    • Rural hospital care and telemedicine are emerging
      topics on the Hill.

The Innovation Ecosystem

  • Fixing financing for access to therapies is of
    upmost importance.
  • Innovation in prevention is lacking, so reform
    is crucial for substantial system reform.

Sponsor Perspective: Biotechnology Innovation Organization

  • Biotechnology Innovation Organization’s members
    innovate 60% of drugs marketed to patients.
  • Issue: lack of accessibility to affordable
    biotechnological innovations.
  • Solution: reforming insurance plans – both
    private and public – to accommodate biologic, biosimilar, and medical device
    coverage.

Technology Transforming Care

  • Addressing the rural and urban divide in
    telemedicine.
  • Discussion of the role of primary care and
    advanced medical technology.
  • Virtual care is a significant milestone; however,
    the issue now lies in the fragmentation of care.
  • Precision medicine is a core medical model that
    would lower health care spending by 25%, improve patient outcomes, and lower
    health care costs for patients.

Regulation in the Innovation Age

  • Reforming the 21st Century Cures Act.
  • The approval of biosimilars is gaining traction
    in Congress.
  • The rising usage of technology in medicine is
    leading to patient privacy concerns.

Patient-Centered Care: What’s Next?

  • Addressing the social determinants of health.
  • Progression towards a value-based,
    patient-centered model is possible within the next couple of decades.
  • Health care system may become decentralized due
    to a value-based model of care.
  • Reformation of the electronic health record
    system to promote consistency between inpatient and outpatient providers.
  • Issues pertaining to the affordability of the
    system.
  • Addressing three tenets of patient health
    performance: health security, housing security, and economy security.

Data-Driven Cures

  • Despite tremendous advancements in medicine, we
    have made the least progress in giving patients access to these innovations.
  • Social determinants of health should be factored
    into the equation.

The Future of Public Health

  • Addressing the social determinants of health –
    they care not health-based; however, they influence health outcomes.
  • Policy Solutions: upstream approach to care,
    updated data systems, data-driven policy initiatives and access to data.
  • Emphasis on improving health promotion and
    health prevention.
  • Constructing a health preparedness framework
    that can address various issues pertaining to patient health.
  • Rural hospitals are stifled by the
    fee-for-service model; a population health model is a solution.

Supporting Patients: A Policy Approach

  • Surprise billing is a pertinent issue affecting
    patients and families.
  • Innovations in medicine are not the problem; it
    is affordability and insurance coverage.
  • Telehealth should be modernized, such as
    allowing doctors to cross state lines.
  • Reformation of the VA.

Summary of Q&A:

  • Focus on how innovation can impact prevention
    measures and procedures.

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The Social Contract within American Medicine https://alexisdoss.agnesscott.org/health-politics-political-thought/the-social-contract-within-american-medicine/ https://alexisdoss.agnesscott.org/health-politics-political-thought/the-social-contract-within-american-medicine/#respond Fri, 31 May 2019 07:46:34 +0000 http://alexisdoss.agnesscott.org/?p=218

Photo: “Social Contract and American Healthcare” by Alexis Doss
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Purpose: As an intern for a respected lobbying firm in Washington D.C., I had the tremendous honor of attending many congressional meetings on Capitol Hill. I attended one in particular that explored whether the government or the physcician/provider should have input in health-related decisions that affect the patient. I believe in little to no government participation, given that physicians are the preeminent stakeholders that best understand the elements that contribute to disease and health than any other healthcare actor. This brief will prepare for further economic analysis of how political philosophy can certainly impact health policy and healthcare regulation. I hope to utilize this perspective as a foundation for further interpretations and economic evaluations of sustainable health policy. This post demonstrates my ability to associate political philosophy with healthcare policy.

The understanding of a social contract is arguably the most pivotal aspect of the health care system in the United
States. Unlike other nations in the Western hemisphere, the United States has implemented a more dispersed model of health care procedure; that is, pluralism in the medical profession is revered, specialization and up-to-date technology are highly valued, and emphasis on tertiary care services is greatly preferred. Patients would not accept these specificities if they weren’t openly engaged in and approved of a social contract with the health care system and, more specifically, the physician in practice. 

Social contract theory is a moral and politically philosophical idea rooted within the “state of nature” paradigm of political theory. It is, essentially, the notion that demonstrates the reasoning in which (perceived) rational individuals decide to voluntarily consent to renounce their natural freedom to obtain the benefits of order and accordance. The individual gives up her rights to the state for a myriad of reasons, such as for security, safety, and protection.

This relationship between the state and the individual is analogous to the relationship between the physician and the patient. The physician/patient social contract is an agreement between two parties: one party, the patient, relinquishes her right(s) to acquire medical training and expertise and entrust her physical, social, and mental wellbeing to her physician; the other party, the physician, must provide adequate care to enhance the health conditions of the patient and ultimately prevent death. Principally, “professional sovereignty” of physicians is granted for the betterment of patient health outcomes.

Our interactions, transactions, correspondence, and procedural endeavors rely on the agreement set forth by the patient and the physician. If the relationship is not established, the success of the health care system would inevitably be non-existent. The providing of medical and health care to those in need embodies a certain level of
professionalism. Within the context of American medicine, the physician/patient relationship is the “medical” version of social contract theory, for “in return for the privilege of autonomy, physicians bear the responsibility for acting as the patient’s agent, and the profession must regulate itself to preserve the public trust” (Bodenheimer and Grumbach, p. 57).

Bibliography

Bodenheimer, T., & Grumbach, K. (2016). How Health Care Is Organized – 1: Primary, Secondary, and Tertiary Care. In Understanding Health Policy: A Clinical Approach (pp. 45-59). Place of publication not identified: McGraw Hill Education.

Earning Patient Trust Crucial to Health Care Reform. (2017, April 27).
Retrieved February 05, 2019, from
https://deloitte.wsj.com/cio/2015/04/27/earning-patient-trust-crucial-to-healthcare-reform/

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The Role of Government in the U.S. Healthcare System https://alexisdoss.agnesscott.org/health-politics-political-thought/the-role-of-government-in-the-u-s-healthcare-system/ https://alexisdoss.agnesscott.org/health-politics-political-thought/the-role-of-government-in-the-u-s-healthcare-system/#respond Fri, 05 Apr 2019 06:40:21 +0000 http://alexisdoss.agnesscott.org/?p=198

 

Photo: “Role of Government and American Healthcare” by Alexis Doss
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Purpose: This is a work that I completed while interning for the Healthcare Leadership Council in Washington D.C. After attending a multitude of Congressional hearings, I have settled on the belief that limited government regulation of healthcare is necessary. That is not to say that no regulation is the solution. On the contrary. Regulation is necessary, but only to a certain degree, especially in domestic and global healthcare markets. This brief essay explores this idea. This will be used to supplement my understanding of how decisions to regulate are reliant on economic modelling and evaluations. This post highlights my strength in stating a claim and supporting it with contextual evidence. 

Drug development and medical procedures are becoming relevant matters within the healthcare industry, and these topics of interest have influenced debate over whether the government should determine the effectiveness and/or cost benefit of every procedure or drug offered to patients. Countless authorities have expressed that since there is not sufficient evidence to support the assumed functionality and cost-effectiveness of drugs and procedures, the government should intercede and determine what options should be accessible to healthcare consumers and patients. I argue for a collaborative solution, an approach that understands that government intrusion can stifle innovation and experimentation for treatments, procedures, and drugs, while still acknowledging that some level of government oversight is necessary to combat developments that could potentially harm patients. The government should not regulate which treatments are offered to patients; however, it can make recommendations as to the clinical testing of such pharmaceuticals.

              When policymakers are faced with a dearth of evidence regarding drug developments and treatments, clinical testing is an ideal solution. The Food and Drug Administration (FDA) and other publicly-funded entities such as the National Institute of Health (NIH) serve this exact purpose, for both were designed to ensure the safety and security of patients that utilize pharmaceuticals, medical devices, and biological products. As healthcare companies invest millions upon millions of dollars in research development, the government can also fund research projects intended to protect the public health. Furthermore, policymakers should consult with medical practitioners before such determinations are made. Physicians are the primary agents that fully recognize the complexity of medical care because some approved (and unapproved) therapies may be the key to providing relief for patients undergoing severe medical ailments. Fundamentally, a physician’s perspective is superior to that of the policymaker, for the policymaker has no jurisdiction on how certain treatments may or may not be appropriate for patients.

              With right-to-try laws gaining popularity in the United States, for example, more patients are gaining access to experimental therapies (drugs, biologics, devices) that could potentially cure (or simply relieve) their ailments. As these treatments typically proceed past Phase I of testing, they are not approved by the FDA. These pieces of legislation allow for medical decisions to return to the patient and grants the doctor the privilege to evaluate the effectiveness of these drugs on a case-by-case basis, as all patients have different susceptibilities and reactions to a myriad of drugs, biologics, and devices. Although this is a pivotal move that provides more agency to the provider, the government could also impose a requirement in which clinical trials are still implemented to ensure the solvency of the treatment. In many cases, once unapproved drugs become accessible, research testing for their effectiveness stalls and no further experimentations are done to approve the treatments. Accountability measures imposed by the government may be necessary to guarantee that these unapproved biologics, drugs, and devices pose no harm to the public.

              This matter emphasizes the increasingly apparent struggle between the role of government in ensuring the public health and the role of the physician in providing services, treatments, and drugs to patients. Healthcare is multifaceted with various actors upholding different responsibilities. Healthcare cannot be completely dependent on government control or only reliant on the decisions of the doctor. Administrative costs, healthcare expenditures, affordability and other factors must be considered to create an effective healthcare system. Essentially, the policymaker and the provider must work together to deliver a system that promotes quality care for the patient and the consumer.

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The Analytics of Paying Healthcare Providers https://alexisdoss.agnesscott.org/health-policy-analysis/the-analytics-of-paying-healthcare-providers/ https://alexisdoss.agnesscott.org/health-policy-analysis/the-analytics-of-paying-healthcare-providers/#respond Fri, 15 Feb 2019 06:50:54 +0000 http://alexisdoss.agnesscott.org/?p=205

 

Photo: “Paying Healthcare Providers” by Alexis Doss
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Purpose: This briefing was composed after I attended a lecture hosted by Senator Rand Paul, a well-respected politician and physician. During our talk, he discussed how payment models in hospitals are severely out-of-date. A part of having an efficient health economy is to have a sustainable system of payment for physicians and other healthcare providers. The problem is that most payment models are very inefficient and can further destabilize the economy and provider supply in the long-run. Therefore, it is crucial that we analyze how providers are paid and how we can incentivize employers (e.g., hospitals, nonprofit organizations, etc.) to utilize mechanisms that encourage efficiency. This brief will prepare me for determining how inefficiencies in our payment models affect market outcomes, specifically the supply-side. This post demonstrates my strength in analyzing hospital payment models, specifically fee-for-service and value-based payments.

According to a study facilitated by Kaufman Hall, only 13% of hospital CFOs (Chief Financial Officers) are prepared to implement value-based reimbursement forms of payment. This is a gradual decline from the meager 15% of CFOs that were ready for its implementation in 2018. What caused this decrease in confidence stems from a myriad of sources; however, it is safe to assume that the expansive, complex, and intricate nature of the health care system has persuaded numerous executives to be hesitant to invoke these programs.

Value-based payment was introduced by the National Commission on Physician Payment Reform in 2013 as a legislative method to advocate for the eventual obliteration of the fee-for-service payment in favor of payment that rewards value as opposed to volume. Ever since its proposal, health systems, organizations, medical practices and hospitals have been encouraged to find ways to implement a system that incorporates a value-based model of payment. Many Accountable Care Organizations (ACOs), created by the Affordable Care Act (ACA), have been instructed to “assume both health and financial responsibility” for patients and the operations necessary to instill greater health outcomes (Bodenheimer and Grumbach, p. 42).

It is argued that hospital CFOs are not equipped with the needed data and analytics tools to evolve with a
value-based payment plan, leading some strategies to faulter due to a lack of information and inadequate medical care. This could potentially affect the hospital’s financial bottom line and, in turn, create financial misfortunes
with patients utilizing services from the hospital. This is a crucial point in which financial executives of these healthcare organizations must evolve withshifting business circumstances. To achieve this properly, hospitals must make inherent alterations to their business strategy. By doing so, these institutions can, according to Kaufman Hall, “more appropriately make course corrections for achievement of strategic objectives.”

Data analytics are key to rectifying this conundrum. They are critical tools to “handling an evolving healthcare
business environment” (LaPointe, p. 2). Surveys suggest that between 50-59% of health operations receive limited clean and trusted data (LaPointe, p. 3). This is problematic, as it is nearly improbable to utilize a value-based system of payment if the technological infrastructure is not reliable for hospital and
physician use. The lack of updated and consistent data analytics technology is “prompting most hospital CFOs to rely on spreadsheets for strategic, financial, and tactical planning decisions” (LaPointe, p. 3.). This form of data upkeep is extensive, time-consuming, and wastes unnecessary operational costs for the health organization. Additionally, it contributes to financial and accounting departments for hospitals, medical practices and the like, to be quite dissatisfied with performance management reporting; thus, also contributing to the inability to implement a value-based model of payment.

It is important to note that value-based forms of payment are not the only method to providing payment to
medical professionals; this essay is merely arguing that it is improbable to consider new ways to reimburse physicians if performance management is not functioning properly. Chief financial officers and their departments must re-strategize their long-term (and short-term) financial goals so theirperformance management departments can operate more efficiently, doctors are reasonably reimbursed, and patients are experiencing greater health outcomes.

Bibliography

Bodenheimer, T., & Grumbach, K. (2016). Paying Health Care Providers.
In Understanding Health Policy: A Clinical Approach (pp. 33-44). Place of
publication not identified: McGraw Hill Education.

LaPointe, J. (2019, February 04). Only 13% of Hospital CFOs Prepared for
Value-Based Reimbursement. Retrieved February 04, 2019, from
https://revcycleintelligence.com/news/only-13-of-hospital-cfos-prepared-for-value-based-reimbursement

 

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