UPC: 9781421438825 | An Introduction to the Us Health Care Industry : Balancing Care Cost and Access (Hardcover)

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UPC: 9781421438825 | An Introduction to the Us Health Care Industry : Balancing Care  Cost  and Access (Hardcover)
UPC: 9781421438825 | An Introduction to the Us Health Care Industry : Balancing Care Cost and Access (Hardcover)

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Guzick s premise is that the United States has a health care industry as opposed to a health care system. His book is organized around three elements of health care delivery: access quality and cost. He introduces the economic principles behind the function and dysfunction of the health care industry s flawed market. He analyzes how we came to have the industry we do and explores alternative financial models for the future — Why does US health care have such high costs and poor outcomes? Dr. David S. Guzick offers this critique of the American health care industry and argues that it could work more effectively by rebalancing care cost and access. For decades the United States has been faced with a puzzling problem: Despite spending much more money per capita on health care than any other developed nation its population suffers from notoriously poorer health. In comparison with 10 other high-income nations in fact the US has the lowest life expectancy at birth the highest rates of infant and neonatal mortality and the most inequitable access to physicians when adjusted for need. In An Introduction to the US Health Care Industry Dr. David S. Guzick takes an in-depth look at this troubling issue. Bringing to bear his unique background as a physician economist former University of Rochester medical school dean and former president of the University of Florida Health System Dr. Guzick shows that what we commonly refer to as the US health care system is actually an industry forged by a unique collection of self-interested and disjointed stakeholders. He argues that the assumptions underlying well-functioning markets do not align with health care. The resulting market imperfections combined with entrenched industry stakeholders have led to a significant imbalance of care cost and access. Using a nontechnical framework Dr. Guzick introduces readers to the economic principles behind the function–and dysfunction–of our health care industry. He shows how the market-based approach could be expected to remedy these problems while detailing the realities of imperfections regulations and wealth inequality on those functions. He also analyzes how this industry developed presenting the conceptual underpinnings of the health care industry while detailing its history and tracing the creation and entrenchment of the current federation of key stakeholders–government insurance companies hospitals doctors employers and drug and device manufacturers. In the final section of the book Dr. Guzick looks to the future describing the prevention innovation and alternative financing models that could help to rebalance the priorities of care cost and access that Americans need. An online supplement on COVID-19 is available as is a discussion guide for instructors. To access this supplemental material please visit www.jhupbooks.press.jhu.edu.

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