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Why Not Better and Cheaper?

By: James B. Rebitzer, Robert S. Rebitzer
Narrated by: Stephen R. Thorne
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Summary

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.
©2023 Oxford University Press (P)2023 Tantor
Medicine & Health Care Industry Politics & Government Health care Social Policy Innovation
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Profile Image for Prashant G

Have been waiting for it

Finally, the question we’ve been wanting to ask…. Asked and answered well, citing economic theory and analysis. Great book. Narration ok, but the content is good enough.

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