Where have all the savings gone, long time passing?
I am not the first to comment on this New England Journal of Medicine article, but it does deserve a place here at THCB.
It has been the dogma of many at THCB that prevention = savings, and substantial ones at that!Put in the context of this study from the Netherlands, also published this month, is it time for some health care reformers to change their tune on how the health care reforms they promote will save money?
And before simply putting the savings to ‘pay’ for this on the elimination of administrative costs, please see my previous post.
And before saying that electronic medical records will, by themselves save 80 billion dollars per year (as I heard former President Clinton say at a Wisconsin rally this weekend- as an aside, I love XM radio for unlimited access to C-SPAN), consider the $4 billion struggle at Kaiser Permanente to get medical records for a measly 8.6 million patients… Now, with over 300 million in the country, that might mean an investment of well over $120 BILLION (with a B) to TRY to computerize the electronic medical records of the country.
Do not misread me to claim I am a proponent of the status quo, nor that I am not in favor of the WORD OF 2008—change— it is simply that I would like to hear more from those who want to institute certain kinds of change— how will they really ‘save money’ while simultaneously increasing access without severely impacting my liberty as a patient.