Tuesday, February 17, 2009

EDITORIAL: USA medical costs -- next speculative bubble to burst?

AN EDITORIAL

Since the Dutch "tulip bulb" bubble of the 17th century, many speculative bubbles have exploded in the faces of the oh-so-smart. After Enron, Fannie Mae/Freddie Mac -- will U.S. medical costs be next?

IMHO, the rate of growth of USA medical costs is unsustainable. Left unchecked, with the aging of the baby-boomers, it could grow to 35% of U.S. GNP (now 16%). How can the "stimulus" be repaid, if that happens?

Medical Onshoring is dedicated to attempting to restain medical costs, while maintaining Joint Commission International standards.

And medical care and health care is more than just technology, money, bureaucracy, and politics.

It is about creating "circles of caring communities," that patients receive maximal service, with the resources available. From a simple physical exam -- to the final, precious moments of life.

Most of those in the medical-industrial complex are pushing for growth, growth, growth. Per previous -- that's unsustainable, IMHO.

Trying to restrain costs in a quality environment -- especially with so many pushing for "more, more, more" of medical services -- is a huge operational challenge. Not political -- operational.

Well -- I enjoy big challenges.

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