Comments on: How Medicare Buys Medical Care http://healthblog.ncpa.org/how-medicare-buys-medical-care/ Health Care Policy and Reform Insights | NCPA Sun, 12 Feb 2012 00:03:44 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: George Bauchamp http://healthblog.ncpa.org/how-medicare-buys-medical-care/comment-page-1/#comment-38898 George Bauchamp Fri, 18 Jul 2008 20:50:00 +0000 http://www.john-goodman-blog.com/how-medicare-buys-medical-care/#comment-38898 The following comes from the Daily Digest of the ACPE (Physician Execs.): CBO director speaks to lawmakers about healthcare policy reform. In Modern Healthcare (7/17, DoBias) reports, "Congressional Budget Office (CBO) Director Peter Orszag told lawmakers that the healthcare sector is far and away the most inefficient economic driver in the U.S., with more than $700 million each year being spent on medical procedures that seemingly have no effect on patient outcomes at all." The CBO is looking into "the idea of a Federal Reserve-like board for healthcare, which would operate independently of Congress to help shape policy and payment rules," according to Orszag. He also said "that a multi-pronged approach" to healthcare reform "that includes comparative-effectiveness research and a redirection of financial incentives should serve as the bedrock for broader reforms." You may have noted that I made a similar proposal in the book I shared with you. The problem is that this is purveyed by the Masters, and not the physicians who might actually know how to do it. Wonder where the physicians are; where is their outrage? Any interest is exploring this concept? The following comes from the Daily Digest of the ACPE (Physician Execs.):

CBO director speaks to lawmakers about healthcare policy reform.

In Modern Healthcare (7/17, DoBias) reports, “Congressional Budget Office (CBO) Director Peter Orszag told lawmakers that the healthcare sector is far and away the most inefficient economic driver in the U.S., with more than $700 million each year being spent on medical procedures that seemingly have no effect on patient outcomes at all.” The CBO is looking into “the idea of a Federal Reserve-like board for healthcare, which would operate independently of Congress to help shape policy and payment rules,” according to Orszag. He also said “that a multi-pronged approach” to healthcare reform “that includes comparative-effectiveness research and a redirection of financial incentives should serve as the bedrock for broader reforms.”

You may have noted that I made a similar proposal in the book I shared with you. The problem is that this is purveyed by the Masters, and not the physicians who might actually know how to do it. Wonder where the physicians are; where is their outrage? Any interest is exploring this concept?

]]>