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The Paradox of Productivity, Technology, and Innovation in Canadian Healthcare

The Paradox of Productivity, Technology, and Innovation in Canadian Healthcare PDF Author: Åke Blomqvist
Publisher:
ISBN: 9781987983302
Category : Medical care
Languages : en
Pages : 20

Book Description
"Measures to raise the rate of productivity growth in the Canadian economy have been a prominent element in our economic policy debate. With healthcare now accounting for well over a tenth of GDP, the efficiency with which healthcare resources are used has a significant impact on overall productivity, and issues relating to new technology and innovation in halthcare have been attracting increasing attention. In this Commentary, we discuss how the problem of measuring the healthcare sector's contribution to GDP has given the misleading impression that healthcare productivity growth has been slow in the past. New medical technology has helped raise both life expectancy and the average quality of life; if we had had methods to properly value these improvements, healthcare's productivity growth would in all likelihood have looked quite impressive. But healthcare has claimed a larger share of resources over time; with our aging population this trend is likely to continue. And while the productivity of healthcare resources is higher today than in the past, our healthcare system does not compare favourably with those in many other countries. There is evidence to suggest that a substantial share of our healthcare resources essentially are wasted, being used for tests and interventions of no or little value. If ways could be found to gradually reduce this waste, productivity growth in healthcare could be boosted substantially. In looking for reasons why Canada has experienced slow aggregate productivity growth, observers have pointed to Canada's relatively low spending on R & D, and have advocated government policies to more actively support it. We think such policies can be justified in their own right: Canada has plenty of talented researchers whose innovations could be exploited throughout the world. But we don't think more Canadian R & D would necessarily be an effective way to increase productivity in our healthcare system. Canada is a small country, and most of the productivity-enhancing innovations and new technology that could be adopted here have been developed elsewhere. What is more important than increased R & D is that providers and managers in our system have strong incentives to adopt cost-efficient technology. To encourage this, provincial governments, with support from Ottawa, should experiment with new models of provider payment that strengthen their incentive to adopt cost-effective drugs, treatment methods, and diagnostic tests. As well, governments should work on creating a system of Health Technology Assessment (HTA) that both discourages new technology that is too costly, and is nimble enough to not impede the adoption of efficient innovations."--Page [1].

The Paradox of Productivity, Technology, and Innovation in Canadian Healthcare

The Paradox of Productivity, Technology, and Innovation in Canadian Healthcare PDF Author: Åke Blomqvist
Publisher:
ISBN: 9781987983302
Category : Medical care
Languages : en
Pages : 20

Book Description
"Measures to raise the rate of productivity growth in the Canadian economy have been a prominent element in our economic policy debate. With healthcare now accounting for well over a tenth of GDP, the efficiency with which healthcare resources are used has a significant impact on overall productivity, and issues relating to new technology and innovation in halthcare have been attracting increasing attention. In this Commentary, we discuss how the problem of measuring the healthcare sector's contribution to GDP has given the misleading impression that healthcare productivity growth has been slow in the past. New medical technology has helped raise both life expectancy and the average quality of life; if we had had methods to properly value these improvements, healthcare's productivity growth would in all likelihood have looked quite impressive. But healthcare has claimed a larger share of resources over time; with our aging population this trend is likely to continue. And while the productivity of healthcare resources is higher today than in the past, our healthcare system does not compare favourably with those in many other countries. There is evidence to suggest that a substantial share of our healthcare resources essentially are wasted, being used for tests and interventions of no or little value. If ways could be found to gradually reduce this waste, productivity growth in healthcare could be boosted substantially. In looking for reasons why Canada has experienced slow aggregate productivity growth, observers have pointed to Canada's relatively low spending on R & D, and have advocated government policies to more actively support it. We think such policies can be justified in their own right: Canada has plenty of talented researchers whose innovations could be exploited throughout the world. But we don't think more Canadian R & D would necessarily be an effective way to increase productivity in our healthcare system. Canada is a small country, and most of the productivity-enhancing innovations and new technology that could be adopted here have been developed elsewhere. What is more important than increased R & D is that providers and managers in our system have strong incentives to adopt cost-efficient technology. To encourage this, provincial governments, with support from Ottawa, should experiment with new models of provider payment that strengthen their incentive to adopt cost-effective drugs, treatment methods, and diagnostic tests. As well, governments should work on creating a system of Health Technology Assessment (HTA) that both discourages new technology that is too costly, and is nimble enough to not impede the adoption of efficient innovations."--Page [1].

The Paradox of Productivity, Technology, and Innovation in Canadian Healthcare

The Paradox of Productivity, Technology, and Innovation in Canadian Healthcare PDF Author:
Publisher:
ISBN: 9781987983302
Category :
Languages : en
Pages : 0

Book Description
On taking power in the fall of 2015, the Canadian In this Commentary, we analyze the role of Liberal government appointed a minister of healthcare technology and innovation as drivers innovation, science and economic development to of the nation's productivity performance. [...] Jane Philpott, the federal minister of health, has However, there are reasons to believe that stated that some of the ideas in the 2015 report healthcare R&D in the past - as a result of of the Advisory Panel on Healthcare Innovation misaligned incentives in health systems - did (commonly referred to as the Naylor Report, after not focus enough on cost-reducing innovations. [...] Implicitly, therefore, the GDP statistics estimates of the economic value of better health - reflect only the cost of the resources that go as in particular, the value of longer life expectancy as inputs into the healthcare sector, not the value of a result of reduced mortality from serious health 3 In the absence of good direct measures of technology's contributions to health, the most common mea [...] This level of Commonwealth Fund Survey that asks patients, unnecessary care is comparable to that in the United the general public, and primary-care providers in States, the only country whose healthcare system is 11 developed countries about access to healthcare ranked lower than Canada's by the Commonwealth and the quality, efficiency, and equity of care. [...] In the Canadian setting, the issue of incentives is also complicated by the many different actors who are involved in decisions about the adoption of new technology (drugs, biologics, imaging and radiation machines, diagnostic equipment, and the like), as mentioned in note 1. 1 1 Commentary 480 and emulate them in a manner most appropriate to system.

Technology in Healthcare

Technology in Healthcare PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :

Book Description
Many Canadians currently face a crisis around timely access to care and this crisis cascades into the workplace, impacting absenteeism, presenteeism, and productivity. Based on Statistics Canada data, employees miss approximately 10 days of work per year due to illness or disability which translates into $16.6 billion of lost revenue in the Canadian economy. Lack of convenient and timely access also results in a build-up of untreated health conditions that could further drive up benefits plans.Technology has a big role to play in bridging the gap of convenient and timely access by providing high quality healthcare. This recorded session highlights how digital health innovations can empower your team with the right information, technology, tools you need to support the health of your employees.

Communities in Action

Communities in Action PDF Author: National Academies of Sciences, Engineering, and Medicine
Publisher: National Academies Press
ISBN: 0309452961
Category : Medical
Languages : en
Pages : 583

Book Description
In the United States, some populations suffer from far greater disparities in health than others. Those disparities are caused not only by fundamental differences in health status across segments of the population, but also because of inequities in factors that impact health status, so-called determinants of health. Only part of an individual's health status depends on his or her behavior and choice; community-wide problems like poverty, unemployment, poor education, inadequate housing, poor public transportation, interpersonal violence, and decaying neighborhoods also contribute to health inequities, as well as the historic and ongoing interplay of structures, policies, and norms that shape lives. When these factors are not optimal in a community, it does not mean they are intractable: such inequities can be mitigated by social policies that can shape health in powerful ways. Communities in Action: Pathways to Health Equity seeks to delineate the causes of and the solutions to health inequities in the United States. This report focuses on what communities can do to promote health equity, what actions are needed by the many and varied stakeholders that are part of communities or support them, as well as the root causes and structural barriers that need to be overcome.

Innovation and Business Strategy: Why Canada Falls Short

Innovation and Business Strategy: Why Canada Falls Short PDF Author: The Expert Panel on Business Innovation
Publisher: Council of CanadianAcademies
ISBN: 1926558146
Category : Business & Economics
Languages : en
Pages : 268

Book Description


The Prosperity Paradox

The Prosperity Paradox PDF Author: Clayton M. Christensen
Publisher: HarperCollins
ISBN: 0062851837
Category : Business & Economics
Languages : en
Pages : 415

Book Description
Clayton M. Christensen, the author of such business classics as The Innovator’s Dilemma and the New York Times bestseller How Will You Measure Your Life, and co-authors Efosa Ojomo and Karen Dillon reveal why so many investments in economic development fail to generate sustainable prosperity, and offers a groundbreaking solution for true and lasting change. Global poverty is one of the world’s most vexing problems. For decades, we’ve assumed smart, well-intentioned people will eventually be able to change the economic trajectory of poor countries. From education to healthcare, infrastructure to eradicating corruption, too many solutions rely on trial and error. Essentially, the plan is often to identify areas that need help, flood them with resources, and hope to see change over time. But hope is not an effective strategy. Clayton M. Christensen and his co-authors reveal a paradox at the heart of our approach to solving poverty. While noble, our current solutions are not producing consistent results, and in some cases, have exacerbated the problem. At least twenty countries that have received billions of dollars’ worth of aid are poorer now. Applying the rigorous and theory-driven analysis he is known for, Christensen suggests a better way. The right kind of innovation not only builds companies—but also builds countries. The Prosperity Paradox identifies the limits of common economic development models, which tend to be top-down efforts, and offers a new framework for economic growth based on entrepreneurship and market-creating innovation. Christensen, Ojomo, and Dillon use successful examples from America’s own economic development, including Ford, Eastman Kodak, and Singer Sewing Machines, and shows how similar models have worked in other regions such as Japan, South Korea, Nigeria, Rwanda, India, Argentina, and Mexico. The ideas in this book will help companies desperate for real, long-term growth see actual, sustainable progress where they’ve failed before. But The Prosperity Paradox is more than a business book; it is a call to action for anyone who wants a fresh take for making the world a better and more prosperous place.

Essentials of Health Economics

Essentials of Health Economics PDF Author: Diane M. Dewar
Publisher: Jones & Bartlett Publishers
ISBN: 1284054624
Category : Health insurance
Languages : en
Pages : 213

Book Description
Essentials of Health Economics, Second Edition examines the public health care system through the lens of economic theory. Through the use of numerous examples and profiles related to the field, students will learn the importance health economics and its relevance to more general analysis of health policy issues. This text is ideal for courses in programs of public health, health administration, and allied health professions as it conveys the essence of the economic issues at hand while avoiding complicated methodological issues that would interest only students of economics. Written with the non-specialist in mind, the book focuses on how to do descriptive, explanatory and evaluative economics in a systematic way. The Second Edition features: - Highly accessible content - Ideal for students with a modest quantitative background - Real world examples throughout, giving the student hands-on experience in actual policy-related issues as economic concepts are introduced. - Comprehensive coverage of the specifics of the health care markets, the evaluation of health care services delivered, and health care reform - Updated statistics and references throughout - New chapters on Noncompetitive Market Models and Market Failures; International Health System Issues and Reform; and National and State Health Care Reforms Instructor Resources: Instructor's Manual, PowerPoint Lecture Slides, Test Bank

Bending the Cost Curve in Health Care

Bending the Cost Curve in Health Care PDF Author: Gregory P. Marchildon
Publisher: University of Toronto Press
ISBN: 1442609788
Category : Political Science
Languages : en
Pages : 518

Book Description
Through Canadian and international perspectives, Bending the Cost Curve in Health Care explores the management of growing health costs in an extraordinarily complex arena. The book moves beyond previous debates, agreeing that while efficiencies and better value for money may yet be found, more fundamental reforms to the management and delivery of health services are essential prerequisites to bending the cost curve in the long run. While there is considerable controversy over direction and details of change, there also remains the challenge of getting agreement on the values or principles that would guide the reshaping of the policies, the structures, and the regulatory environment of health care in Canada. Leading experts from around the world representing a range of disciplines and professional backgrounds come together to organize and define the problems faced by policy-makers. Case studies from the United States, the United Kingdom, Australia, the Nordic countries, and industrialized Asian countries such as Taiwan offer useful reform experiences for provincial governments in Canada. Finally, common Canadian cost factors, such as pharmaceuticals and technology, and paying the health workforce, are explored. This book is the first volume in The Johnson-Shoyama Series on Public Policy, published by the University of Toronto Press in association with the Johnson-Shoyama Graduate School of Public Policy, an interdisciplinary centre for research, teaching, and executive training with campuses at the Universities of Regina and Saskatchewan.

Nordic Contributions in IS Research

Nordic Contributions in IS Research PDF Author: Christina Keller
Publisher: Springer
ISBN: 3642322700
Category : Business & Economics
Languages : en
Pages : 185

Book Description
This book contains the refereed proceedings of the Third Scandinavian Conference on Information Systems (SCIS), held in Sigtuna, Sweden, in August 2012. The digitization of modern society’s information and communication structures has fundamentally changed our everyday life, economy, business, and society. How can information systems research as an academic yet pragmatic discipline contribute to designing the interactive society? The Scandinavian IS tradition with its emphasis on engaged scholarship, action research, and socially embedded design has a lot to contribute to this discussion. The 10 papers accepted for presentation at the conference were selected from 33 submissions, and they are grouped into two main themes: the interactive society and design.

The Patient Will See You Now

The Patient Will See You Now PDF Author: Eric Topol
Publisher:
ISBN: 0465054749
Category : Medical
Languages : en
Pages : 386

Book Description
A revolutionary argument for how putting patients in charge will make healthcare better for everyone