4sight Health November 29, 2023
“Show me the incentive, and I will show you the outcome.” —Charles Munger, Vice Chairman, Berkshire Hathaway, who passed away this week at the age of 99
“U.S. health outcomes worse than OECD nations on most measures.” —Axios on OECD Health at a Glance 2023 report
The juxtaposition of those statements explains the healthcare system in the U.S. We get the outcomes we pay for. We won’t get the outcomes we want until we change how we pay for them.
The statements also explain some interesting findings in a new study published in the American Journal of Managed Care. The study garnered some gushing headlines in the healthcare trade press for its data that showed that 75% of...