New working paper, "Painful Bargaining: Evidence from Anesthesia Rollups," from @asil_aslihan, Paulo Ramos, @amandastarc1, and Thomas Wollmann (@ChicagoBooth). https://t.co/0hUCnNREoe
The @KelloggSchool Deep Dive into Healthcare is our premier educational event to train the next generation of business decision makers in healthcare.
This amazing film pulls back the curtain on these immersive weekends ...
https://t.co/wNw0k8FhQl
If you live in Chicago and you're mourning the fact that your POTUS vote doesn't matter, please still vote. We have a highly consequential school board election happening.
What will we pay for the next groundbreaking drug?
Kellogg's Amanda Starc and @C_Garthwaite explore the trade-off at the heart of pharmaceutical innovation in episode 4 of the Insight Unpacked podcast, season two. #KelloggLeader https://t.co/3vAV1IKyKc
There's a new season of Insight Unpacked—the series where Kellogg faculty break down a complex business topic. And boy does it have one for you this season: American healthcare and its web of misaligned incentives. Subscribe and listen now. #KelloggLeader https://t.co/ufvpVOIllq
There’s no bigger health care company than UnitedHealth Group. It’s grown to be the nation’s largest insurer — and largest employer of physicians. It’s bigger than Google and Microsoft.
Now some lawmakers want to chop it down.
https://t.co/2v69j4KSvq
Prof. Amanda Starc explains why the American prescription-drug market can be so complicated to get our arms around—even for the experts. #KelloggLeader https://t.co/uLulwwdYQb
I struggled with depression and anxiety throughout grad school. There are days I still do today.
Seeking, or even considering getting help is not a sign of weakness. It's a sign of strength.
You are not alone.
https://t.co/9f5YSexWGN
Rising pharmaceutical drug prices have spurred heated debate about a process that can be complex & opaque. In their paper for the AESG’s 2023 policy volume, @C_Garthwaite & @AmandaStarc1@KelloggSchool take a look at how drug prices are set & offer a series of reforms to improve market competition and efficiency.
https://t.co/KmJEalRMCr
The complex process of pharmaceutical drug pricing has contributed to rising drug costs in the US. Figure 11 from @C_Garthwaite & @AmandaStarc1’s paper, “Why Drug Pricing Reform is Complicated,” shows the large out-of-pocket costs that Medicare enrollees can face today.
https://t.co/KmJEalRMCr
In a new @EconoFactOrg memo, AESG authors @C_Garthwaite & @AmandaStarc1 break down provisions in the IRA that allow Medicare to negotiate certain drug prices & discuss how these changes could impact firms’ incentives to invest in future innovations.
https://t.co/otdW50ED8O
In Ch. 3, @C_Garthwaite & @AmandaStarc1 describe the complex process of pharmaceutical price setting in the US & propose reforms to make the market more competitive and efficient. https://t.co/UZq7n6QtzK
Part B: higher launch prices, lower price growth. Net effect is still to raise prices compared to commercial payment.
Joint work with @angieacquatella and @AmandaStarc1
This is a new paper with Amanda Starc.
In it we provide a number of policy suggestions for pharma market.
Perhaps more important, the first 2/3 of paper is a “primer” on how drugs are bought and distributed in the United States.
There is a particular focus on the economics.
Read Garthwaite & Starc's complete primer on pharmaceutical drug pricing in the US and their proposed policy solutions to improve the US drug pricing system here: https://t.co/UZq7n6QtzK
Important findings, consistent with our 2021 QJE on the variation in mortality effects of Medicare Advantage plans (totally uncorrelated with star ratings!)
https://t.co/4RD6j5N5mM