I would like to know if anyone has a method or resource to cover rough calculations on things like:
1) how much cost comes from "friction" like middleman, administrative bloat, shitty digitalization/note sharing, all the time the nurses and doctors have to spend on paperwork... Etc.
2) how much drug development is subsidized by the US patient via higher domestic vs. foreign pricing. Or even how much of the cost total is drugs?
3) how much roughly every added year of life past some marker of "high quality of life" is spent just keeping people alive. And if there's any trends there, cost going up or down total and per person.
4) some basic accounting of where the spend is actually going. A lot of people in this thread are talking about hospital margins. There's much more to health care than that. Labs, hospice, mental health, labs/diagnostics, drugs, r&d, nursing facilities and many things I probably don't even know about.
Basically an equivalent of david mackays "without the hot air" but for health care.
Also if anyone has some good reading on ideas around kind of SEZs for drug/treatment development where people opt in to riskier care. Not quite the same thing but I know for example that lots of medical device development and proving is done in spain to gather evidence for the FDA since the FDA process for devices is legitimately insane.
Oh and if there has been any proposals or even adoption of better health record management, digitization. Especially access to your own health record. Im not a crypto guy but it seems like maybe it could be an application for it?
I’m a physician in the US. In my experience main cost drivers are administration (documentation is part of it but the way billing works is you basically do the job, document what you did, then submit to the payer. This process can take 6+ months and they often just don’t pay for parts of it).
And then ICU/end of life. Way too many Americans don’t ever talk about what will happen when they die and what they do or don’t want at the end of life. Then they become incapacitated, family pursues all advanced therapies because they don’t know what to do and they spend a long time in the ICU getting things done for an unclear goal