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Why Not Better and Cheaper?: Healthcare and Innovation
An engaging account of innovation in healthcare and why the results fall short for patients and society.
The evolution of the cell phones we carry in our pockets demonstrates that quality can increase while prices fall. Why doesn't healthcare also get better and cheaper?
In Why Not Better and Cheaper? , James B. Rebitzer and Robert S. Rebitzer offer an answer to this question. Bringing together research on incentives, social norms, and market competition, they argue that the healthcare system generates the wrong kinds of innovation. It is too easy to profit from low-value innovations and too hard to profit from innovations that reduce the costs of care. The result is a healthcare system that is profusely innovative yet remarkably ineffective in discovering ways to deliver increased value at lower cost.
Why Not Better and Cheaper? sheds new light on the trajectory of innovation in healthcare, and how to point innovation in a better direction.
The evolution of the cell phones we carry in our pockets demonstrates that quality can increase while prices fall. Why doesn't healthcare also get better and cheaper?
In Why Not Better and Cheaper? , James B. Rebitzer and Robert S. Rebitzer offer an answer to this question. Bringing together research on incentives, social norms, and market competition, they argue that the healthcare system generates the wrong kinds of innovation. It is too easy to profit from low-value innovations and too hard to profit from innovations that reduce the costs of care. The result is a healthcare system that is profusely innovative yet remarkably ineffective in discovering ways to deliver increased value at lower cost.
Why Not Better and Cheaper? sheds new light on the trajectory of innovation in healthcare, and how to point innovation in a better direction.
192 pages, Hardcover
Published June 27, 2023
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71 people want to read
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Displaying 1 - 2 of 2 reviews
September 18, 2023
A readable, fascinating, accessible, cogent, deeply researched and insightful analysis of how health care can change for the better--and the work we can do to make it happen. I have often felt that big-picture challenges like health care are overwhelming and unwieldy, but rarely have I felt as much hope about addressing them as I did when I finished reading this book. The prose is so elegant, the thinking so clear, the insights fascinating, and the anecdotes/examples all stuck with me long after I finished reading the book. I love a book that teaches me something about a topic I thought I understood—turns out we all have much to learn, and do better. Highly recommended.
December 6, 2023
Loved this book, learned a lot
Displaying 1 - 2 of 2 reviews