Archive for May, 2012

Better health with better value
May 24, 2012

As the economy lurches toward recovery, we all must be smarter about spending. This is true – and maybe especially true – of healthcare.  I had the privilege of speaking about this yesterday to the members of Florida TaxWatch. One of the things we’ve talked about: the considerable amount of waste in the healthcare system. A hard-hitting study published last month in the Journal of the American Medical Association is stunning: it says that 21 to 47 percent of what we spend on health care is a waste. That’s not […]

The road to transformation
May 11, 2012

I’ve been talking recently with our students about how they can transform healthcare – and how they can make that   transformation about quality. So here are a few of problems our students can change: The incredibly perverse way our healthcare system incentivizes doctors. If one surgeon has a 20 percent infection rate, and the next has a zero infection rate, the first surgeon gets paid more. Why? Because when his patients return to the hospital, he gets paid for doing more procedures. Ironically, doctors and hospitals are financially penalized […]

A few words for today’s graduates
May 4, 2012

If there is one thing you leave with today…other than your diploma….it is this. Stop listening to people saying the healthcare system is broken. Not because they’re wrong, but because it’s like saying the sky is blue. It’s obvious. Here’s the message:  This is the most exciting time to be entering a career in medicine. Because you are going to change the culture from one of silos to teams….and science is going to expand your opportunities through things like molecular genomics in ways that people of my generation could only […]