The current economic “big picture”: by no means are we out of the woods – by New Deal democrat There is no particularly important economic news out today, so let me take this opportunity to step back and give you more of a “big picture” view of my current thinking. To the extent there is a consensus, it is that a recession has been avoided and a “soft landing” of low inflation and positive jobs and income news will continue. So far, the...
Read More »Encouraging state movement towards healthcare global budgeting.
This is the upper end or the delivery of product and care of the healthcare food chain. If you want to improve healthcare delivery pricing, you might want to go down a couple of levels more also. The costs of pharma and healthcare supplies are areas to investigate. It may have a bit more of an impact. Rituxan at Medicare prices or private insurance prices. There is a price in between which can be achieved and better than today’s prices. A...
Read More »Open Thread October 5, 2023 – 75,000 Kaiser Permanente workers Strike
Wednesday (October 4, 2023) found more than 75,000 union employees of Kaiser Permanente, one of the nation’s largest not-for-profit health providers, walked off the job, marking the largest health care worker strike in US history. Kaiser Permanente unionized health care workers go on strike across dozens of locations, cnn.com, Samantha Delouya. Open Thread – NPs and PAs are Handling Primary Care Visits, Angry Bear...
Read More »August JOLTS report: a pause in deceleration, but the trend remains intact
August JOLTS report: a pause in deceleration, but the trend remains intact – by New Deal democrat Last month I concluded my post on the July JOLTS report’s sharp declines by noting that “None of these statistics move in a straight line, so it would be a mistake to project this report’s relatively big moves forward. But the trend clearly remains in place.”This month’s report for August showed that was the case, as all of the major metrics...
Read More »Manufacturing and construction have the most positive reports all year
Manufacturing and construction have the most positive reports all year – by New Deal democrat As usual, the monthly data starts out with reports on the two most important production sectors of the economy, namely manufacturing (for September) and construction (for August). For a change, the news was mainly positive. Let’s start with manufacturing. The ISM’s diffusion index, where any value below 50 indicates contraction, came in negative...
Read More »Part 2 of Saving Rural Hospitals – Problems and Solutions for Rural Hospitals
I broke this report into two parts as it becomes harder to complete reading when each of us has other obligations. CHQPR or the Center for Healthcare Quality and Payment Reform is a national policy center facilitating improvements in healthcare payment and delivery systems. As explained earlier in Part 1, rural hospitals are facing issues remaining open due to the lack of revenue for the services provided and a lack of use of various services. The...
Read More »F-35 Maintenance Costs
$42,000 per flight hour that’s 7 switchblade drones per hour. It raises the question of whether the F35 would be cost effective if we got the planes for free (not $80,000,000 each ). Currently F35s manage on average 11.2 flight hours per critical failure (I got that one partly from memory and partly from googling [f35 11.2 hours]. For one thing, that raises the question of how many will be available when they are needed. For another how many...
Read More »Gasoline Pricing during my lifetime
A bit of Kevin Drum: “Raw data: Gasoline during my lifetime,” jabberwocking.com, Kevin Drum. I had just been discharged from Marine Corp active duty in 71, married, and bought a boxy Datson 510 to get around in the Chicago suburbs. Finished up at one college in 72 and started finishing my BA at another college 40-something miles away. The1.8 litre with a three speed Borg Warner transmission Datsun paid off at 30 miles to the gallon. I hauled...
Read More »Women’s out-of-pocket healthcare costs are higher than for men
Out-of-pocket healthcare costs are $15 billion higher for US women than men, qz.com, Clarisa Diaz Healthcare financial burden on women persists outside of maternity related care. That is the crux of the issue. Women pay more for healthcare. Consulting firm Deloitte: The analysis of the resulting costs after the current benefit coverage is applied, indicates a women’s out-of-pocket medical costs are significantly higher than men’s for every...
Read More »New Deal democrats Weekly Indicators for September 25 – 29
Weekly Indicators for September 25 – 29 at Seeking Alpha – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. Interest rates continued to head higher, with mortgage rates briefly going over 7.5%. With the long leading indicators having worsened, With the decline in commodity (including gas) prices over, I am looking for evidence that the short leading indicators are also beginning to turn lower. As usual, clicking...
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