“How Medicare Impedes Health Care Innovation”

“How Medicare Impedes Health Care Innovation,” by Brian Blase, Paragon Health Institute

“Harvard Business School professor and one of the deans of consumer-driven health reform Regina Herzlinger has remarked that “choice supports competition, competition fuels innovation, and innovation is the only way to make things better and cheaper.” Unfortunately, there are significant constraints on innovation improving health care quality and driving cost reductions. Many of these problems are because of the structure of the Medicare program, an issue that Paragon’s Joe Albanese tackles in his new paper, Roadblock to Progress: How Medicare Impedes Health Care Innovation.”

LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform:

Another excellent paper from the Paragon Health Institute. Medicare impedes innovation, but so does Medicaid. On that, Paragon will publish my paper, titled “Long-Term Care: The Solution,” very soon. Stay tuned.