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July 11, 2007
The best definition of 'moral hazard' I've ever seen
If you can do better send it to me and I will put it up as Episode 2.
July 11, 2007 at 12:01 PM | Permalink
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"Hospitals Are Beyond Compare
Data on Cardiac Care Show Almost No Differences Nationwide
By Michael S. Gerber
Special to The Washington Post
Tuesday, July 3, 2007; HE01
The federal government unveiled new cardiac care information last month on a Web site that tracks hospital performance, earning kudos from hospital administrators and health-care researchers but demonstrating how difficult it is for consumers to compare hospital care.
"It drives transparency into the hospital system," said Gary Filerman, chairman of the health systems administration department at Georgetown University's School of Nursing and Health Studies. "It is a very positive development provided that it's quality information and provided that it's easily digestible by the appropriate audience and that people use it."
Clicking on the link for mortality rate information tells users which of the three categories a hospital falls into but won't give any actual numbers. A note on the site explains that the omission is deliberate because "comparisons based on estimated death (mortality) rates alone can be misleading."
For consumers, the benefit of using death rates to compare hospitals is clear: If there's one thing most patients agree on, it's that they'd like to be alive 30 days after checking into the hospital."
Kinda makes you Sick. Oh!
Posted by: Ray | Jul 12, 2007 4:53:57 PM
