Healthcare Daily Digest for 4 February 2013: Americans Confuse Healthcare Price for Healthcare Quality

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According to a health economist, Americans are paying too much for not very great healthcare. Somewhere along the way, we’ve confused a high price tag with high-quality: and we’re wrong.

“Healthcare prices, in recent years, have still managed to rise faster than the average prices of other items,” Michael Lawlor, professor of economics and health policy, said. “An ever increasing portion of the average households’ budget is devoted to medical care.”

Healthcare is turning out to be an impossible hydra (the seven-headed beast from mythology whose barrier to defeat was its regenerating heads): there are too many fronts from which to do battle, and each one is messy, and attempting to “fix” one part results in three more popping up in its place.

Here are some headlines for you for Monday:

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Posted in Medical Receivables, Patient Financial Services .

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