economics

By Frank Pasquale
In Health Law
Sep 6th, 2012
1 Comment
I’ve noted the issues raised by financialization in nursing homes, billing & payment systems, and hospital chains before on blogs.  I wanted to present a few paragraphs from a recent book review (of Robert Shiller’s Finance and the Good Society), which explore the problems raised by the finance sector’s interaction with pharma: A Ph.D. cancer rese...
By Frank Pasquale
In Information Technology
Mar 6th, 2012
0 Comments
Why is US health care so expensive? We’ve long been told: “it’s the prices, stupid.” There is more confirmation here, as Ezra Klein explains why an MRI costs $1,080 in America and $280 in France: [U]nlike in other countries, sellers of health-care services in America have considerable power to set prices, and so they set […]...
By Frank Pasquale
In Health Care Economics
Aug 28th, 2011
0 Comments
I notice there is a lot of handwringing over the Affordable Care Act’s “government takeover” of the health care system. So let’s take a look at some exciting new markets that are still thriving. 1) At the beginning of the summer, I noted some problematic drug shortages (bottom half of post). The problem keeps getting […]...
By Frank Pasquale
In Elder Issues
Jul 22nd, 2011
0 Comments
In earlier posts I have discussed the “care/profit tradeoff in nursing homes,” focusing on the role of private equity firms in reducing costs by limiting the liability of their enterprises. Cutting nursing staff and increasing the risk of elder neglect isn’t so costly for private equity barons when “complex corporate structures . . . obscure [&h...
By Frank Pasquale
In Uncategorized
Mar 3rd, 2011
0 Comments
There is an interesting article at Xconomy San Diego on the growing tensions between venture capitalists, biotech startups, and pharmaceutical companies. Many entrepreneurs feel like they’re getting a raw deal from big pharma firms. One source alleges that dealmakers are about to kill the geese that lay the golden eggs. In an earlier post, I […]...