In the July issue of HFM, the journal of the Healthcare Financial Management Association, an article included a list per the title of this post. The headline of each item on the list was as follows:
1. High and growing healthcare costs
2. Cost shifting
3. Clinical variation and inconsistent quality
4. Inconsistent access to care
5. Weak and/or perverse market incentives
6. Administrative complexity and high overhead
7. Shortages of clinicians
The biggest problems in my view are the perverse incentives that exist throughout the system, price opacity in that the patient has a difficult task in understanding what their care will cost and whether the cost is worth the benefit, and the high incidence of unnecessary medical procedures being performed.
Solutions to the above problems are welcome:)....