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Adam Smith, Hippocrates, Pogo and the great American health care mess: Part two
In part one of this article, we discussed the intrusion of corporatization into a profession. The question was asked whether Adam Smith’s economic principles could be applied to health care. In this segment, physician responsibility will be examined. Hippocratic Oath…
Standing on the banks of the Rubicon
“Where have all the doctors gone?” is the headline on the cover article of the January/February 2025 edition of the AARP Bulletin. Perhaps it should include, “or are going?” The article, which is quite extensive, explores why patients have a…
Senate scrutiny of HHS nominees poses key moment for vascular surgery advocacy
When it comes to a presidential administration’s impact on our healthcare system, personnel is policy. So, a presidential transition is always a critical juncture for the direction of our federal government’s healthcare policy. That is especially the case for a…
The torrid number of hospital mergers and integrations do not create value for our healthcare system
It is now common to see headlines like “When hospital prices go up, local economies take a hit” (Wall Street Journal), “Hidden hospital prices harm patients: Can this new pricing tool make a difference?”(USA Today) or “Hospital mergers and health…
Study reports lack of evidence to support theory that hospital integration improves value of healthcare
A systematic review of U.S. literature focused on analyzing the effects of mergers and acquisitions on healthcare suggests that there is a lack of evidence to support the theory that integration is an effective strategy for improving the value of…