I use this blog to gather information and thoughts about invention and innovation, the subjects I've been teaching at Stanford University Continuing Studies Program since 2005.
The current course is Principles of Invention and Innovation (Summer '17).
Our book "Scalable Innovation" is now available on Amazon http://www.amazon.com/Scalable-Innovation-Inventors-Entrepreneurs-Professionals/dp/1466590971/
Monday, September 14, 2009
Trade-off of the Day: quality vs costs
A good article by Jeffrey S. Flier, Harvard Medical School, in which he discusses several key problems that plague the US health care system. For example, the lack of innovation is #2 on his list:
Second, in health care as in other markets, real progress depends on innovation. Yet health care markets rarely conduct successful experiments with new ways of paying for and organizing health care delivery.
He also notices the tendency of proposed solutions to fall back into the familiar quality vs costs trade-off.
Some have offered novel approaches to “payment reform,” but none of these can realistically claim to both increase quality and reduce costs, while being acceptable to Congress.