Tag Archives: Healthcare

According to this WaPo article, the average physician in the US earns $350K/yr. I didn’t click through to the actual data, but from the first table, I’m guessing that “average” means median, not mean. And physician income isn’t a Gaussian distribution—there’s a long right-hand tail for the specialties.Why is this? It looks to me like supply-and-demand is a big factor. Despite the fact that allopathic and osteopathic medical schools have expanded...

According to this WaPo article, the average physician in the US earns $350K/yr. I didn’t click through to the actual data, but from the first table, I’m guessing that “average” means median, not mean. And physician income isn’t a Gaussian distribution—there’s a long right-hand tail for the specialties.Why is this? It looks to me like supply-and-demand is a big factor. Despite the fact that allopathic and osteopathic medical schools have expanded...

As taken from the Comments Section., Commenter RJS . . . the CDC reports that the trend in hospital admissions for Covid was up 12.1% to 8,035 over the most recent week, while the trend in the percentage of Covid deaths was again unchanged…if we go back three weeks on the CDC’s Covid deaths graph to the death totals which presumably won’t be revised, we find there were 426 Covid deaths over the week ending July 15th, which would have been a...

As taken from the Comments Section., Commenter RJS . . . the CDC reports that the trend in hospital admissions for Covid was up 12.1% to 8,035 over the most recent week, while the trend in the percentage of Covid deaths was again unchanged…if we go back three weeks on the CDC’s Covid deaths graph to the death totals which presumably won’t be revised, we find there were 426 Covid deaths over the week ending July 15th, which would have been a...

Delightful story on how US pharmaceutical companies shift profits overseas. And US citizens are paying the highest prices globally for lifesaving meds which other countries our paying roughly one third. Pharma is also shifting their profits overseas and minimizing US taxes or tax avoidance. One way to avoid taxes is to move intellectual property to the country of choice or the no-tax jurisdictions in the Caribbean and Europe. Parking intellectual...

Delightful story on how US pharmaceutical companies shift profits overseas. And US citizens are paying the highest prices globally for lifesaving meds which other countries our paying roughly one third. Pharma is also shifting their profits overseas and minimizing US taxes or tax avoidance. One way to avoid taxes is to move intellectual property to the country of choice or the no-tax jurisdictions in the Caribbean and Europe. Parking intellectual...

This is an abbreviated version of a Canadian trial which examines whether eliminating out-of-pocket costs would improve the health of people taking the medications by making drugs less costly. The greater impact was amongst lower income participants who may not take drugs as prescribed to lengthen a refill timetable. The elimination of out-of-pocket medication costs resulted in lower and reduced total health spending by a median of $1641 and a mean...

This is an abbreviated version of a Canadian trial which examines whether eliminating out-of-pocket costs would improve the health of people taking the medications by making drugs less costly. The greater impact was amongst lower income participants who may not take drugs as prescribed to lengthen a refill timetable. The elimination of out-of-pocket medication costs resulted in lower and reduced total health spending by a median of $1641 and a mean...

“About 90 minutes before the Michigan Supreme Court ruled Monday the cuts in payments to healthcare givers of badly injured motorists don’t apply to those injured before June 2019, one of those survivors died in a Farmington Hills hospital following a two-year struggle to maintain his quality of life and health. Sixty-four year old Brian Woodward spent the past 24 months of his life being shuffled between three nursing facilities and 22 hospital...

“About 90 minutes before the Michigan Supreme Court ruled Monday the cuts in payments to healthcare givers of badly injured motorists don’t apply to those injured before June 2019, one of those survivors died in a Farmington Hills hospital following a two-year struggle to maintain his quality of life and health. Sixty-four year old Brian Woodward spent the past 24 months of his life being shuffled between three nursing facilities and 22 hospital...