The US pays roughly twice as much per person for healthcare as other wealthy nations. Yet Americans are in worse health. A group of leading health economists, physicians, and hospital administrators help explain the system’s striking inefficiencies and the difficult choices presented by reform.

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Research Briefs·Sep 25, 2024

Investing in Vaccines to Mitigate Harm from COVID-19 and Future Pandemics

Rachel Glennerster, Catherine Che, Sarrin Chethik, Claire McMahon, and Christopher M. Snyder
During pandemics, rapid vaccination can significantly reduce mortality, economic losses, and societal disruptions. Vaccine manufacturers often lack incentives to expand their speed and capacity, however. This market failure can be addressed with strategic policies that realign incentives both during and...
Topics: Health care
Research Briefs·Sep 4, 2024

Managing Margins: PE Effects on Financial, Physical, and Human Capital

Michael R. Richards, Maggie Shi, and Christopher M. Whaley
Private equity’s influence on hospital performance includes permanent improvements in hospital patient volumes and revenues, reductions in full-time employees, restrained technology adoption, and improved operating margins.
Topics: Health care
Research Briefs·Jul 25, 2024

Who Pays for Rising Health Care Prices? Evidence from Hospital Mergers

Zarek Brot-Goldberg, Zack Cooper, Stuart V. Craig, Lev R. Klarnet, Ithai Lurie, and Corbin L. Miller
Rising health care prices are passed onto employers as higher insurance premiums, which decreases their demand for labor and reduces employment, leading to lost wages, reduced tax revenue, and increased suicide and overdose rates.
Topics: Health care