01 Jun 2023
58m

Elisabeth Rosenthal On American Healthcare Dysfunction

Podcast cover

Searching for Medicine’s Soul

The US healthcare system's failures are examined through the lens of rising costs, insurance complexities, and the prioritization of profit over patient care. Elisabeth Rosenthal, formerly editor-in-chief at Kaiser Health News, shares insights on issues such as automated insurance denials, bankruptcies due to medical bills, and the inadequacy of insurance coverage. The conversation traces the historical shift from patient-centered care to a business-driven model, highlighting the role of consulting firms in disaggregating billing and the impact of RVUs on physician incentives. Practices such as pharmaceutical companies paying generic manufacturers to delay production and the complexities of drug coupons are also discussed, revealing how market dynamics contribute to inflated costs and limited competition.

Outlines

Part 1: Introduction, System Failures

Part 2: Business Models, Profit Incentives

Part 3: Market Barriers, Pricing Issues

Part 4: Professional Impact, Future Outlook

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