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The Future of Health Care: The Prognosis Is Optimistic

thumbnail There’s cause for optimism about the future of health care, according to panelists who discussed the topic at the Wharton Economic Summit 2013. While the panelists agreed on the enormity of the challenges posed by rising health care costs, increased demand and the need to rein in spending while still being patient-centric, all believed that the outlook for health care would be better by the end of the decade.
From: April 30, 2013

Access or Profits? Drug Patent Rulings in India Fuel the Debate

thumbnail In India, recent rulings to deny patent protection for drugs manufactured by Western pharmaceutical firms have cast doubt on whether the industry can make a profit in the world's second-most populous country. They also add fire to the growing debate over whether the industry's obligation to provide access to life-saving medicine should outweigh its drive for profits. According to experts, the rulings will make pharmaceutical multinationals think twice about their overseas strategies -- particularly with regard to innovative drugs.
From: April 10, 2013

Humana's CEO on Obamacare: 'We're Concerned About What We Don't Know'

thumbnail The Patient Protection and Affordable Care Act -- better known as Obamacare -- was signed into law by President Barack Obama in 2010. Since then, it has generated enormous amounts of debate, controversy and uncertainty. In an interview with Knowledge@Wharton, Bruce Broussard, president and CEO of Humana, the fourth-largest health care insurance group, offers his take on Obamacare and the challenges -- and opportunities -- it presents to health care stakeholders. (Video with transcript)
From: March 27, 2013

Helping Employees to Be Healthier: How About a Sweepstakes?

thumbnail In order to design effective wellness programs, most large companies are now asking employees to complete health risk assessments (HRAs) -- questionnaires that ask them to reveal such details as their weight, blood pressure and family history of disease. Experts agree that HRAs can be a useful tool, but only if employees actually bother to fill them out. A recent study co-authored by Wharton health care management professor Kevin Volpp suggests one way to encourage workers to do so.
From: February 27, 2013

Nurse Practitioners Are In -- and Why You May Be Seeing More of Them

thumbnail Despite continuing protests from some physician groups, the role of nurse practitioners in U.S. health care is expanding and will likely change both the costs and type of care experienced by millions of Americans. Insurers, health care centers and private companies are taking notice.
From: February 13, 2013

RX for Hospital Nurses: Shorter Shifts, Less Burnout

thumbnail Hospital nurses often work shifts of 12 hours or longer, either by choice or because of pressure from their managers. But what effect do such long hours have on job satisfaction, and equally important, on the quality of patient care? A new research paper -- "The Longer the Shifts for Hospital Nurses, the Higher the Levels of Burnout and Patient Dissatisfaction," by Amy Witkoski Stimpfel, a research fellow at Penn's School of Nursing, and two colleagues -- offers some perspectives.
From: January 29, 2013

From Fitbit to Fitocracy: The Rise of Health Care Gamification

thumbnail These days, anyone with a smartphone can download a variety of games designed to make users healthier, whether that means sticking to an exercise routine, losing weight or managing a chronic illness. While experts have dubbed this trend "the gamification of health care," it has already presented a unique set of problems, including how to protect consumers' privacy and how to keep users engaged enough to show positive results.
From: January 16, 2013

The Promise -- and Perils -- of Personalized Medicine

thumbnail Personalized medicine -- the ability to tailor therapies to patients' individual genetic characteristics -- has long been the holy grail of the life sciences industry. The effort has produced a string of recent successes, including European approval of the world's first gene therapy treatment. While exciting for patients, such advances raise a host of ethical, legal and financial challenges that people working in the field will need to address before personalized medicine can become a thriving business.
From: December 19, 2012

'Multi-tasking Writ Large': Is Health Care Reform a Prescription for Trouble?

thumbnail Using two decades of data, Wharton health care professors Lawton R. Burns and Mark V. Pauly recently dissected the cost-cutting component of the Affordable Health Care Act, also known as Obamacare. While the title of their research paper, published in Health Affairs, was "Accountable Care Organizations May Have Difficulty Avoiding the Failures of Integrated Delivery Networks of the 1990s," the authors had offered another, shorter title: "Doomed to Fail?"
From: December 05, 2012

Research Roundup: The Individual Mandate's Impact, Giving and Getting Time, and Advertising's Effect on Stock Returns

thumbnail Can a health insurance policy based on an individual mandate be more effective than a tax in expanding coverage to more Americans? How does giving time to others affect a person's subjective sense of how much time he or she has overall? How does the complicated relationship between advertising and the value of a brand name play out in the stock market? Wharton professors Jonathan Kolstad, Cassie Mogilner and Maria Ana Vitorino, respectively, studied these questions and their impact on the business world in recent research papers.
From: July 03, 2012
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