The new insurance marketplaces introduced by Obamacare highlight how telemedicine can keep health insurance costs down by increasing competition and efficiency. Unfortunately telemedicine is hobbled by outdated policies, but with smart policy reforms it can bring important benefits.
Predictive Analytics and How to Decide Who Should Receive Organ Transplants
As society increasingly relies on data to make predictions, some fear that they will be caught on the wrong side of an equation: a healthy individual might be denied medical coverage, a reformed criminal might be denied parole, or a financially-stable consumer might be denied credit. These fears are misguided. While critics are correct that no algorithm will be right 100 percent of the time, what many people do not realize is that we already live in a world of predictions, we are just not always that good at making them. Fortunately, better use of data analytics can help us make fewer errors.
Health IT in 2013: A Renewed Focus on Efficiency and Effectiveness
We need to be thinking long-term about how to maximize the benefits of health IT, not only in delivering more effective and efficient care, but also in rethinking how we use IT to innovate in health care. There are countless possibilities where IT can lead to radically new solutions in health care, from using IT to monitor health in the home to using health data for new types of medical research. But the reality is that we won’t get there unless we constantly evaluate where we are falling short and implement policies to address these problems so we can successfully move forward.
Winning the Race 2012 Memos
As the 2012 presidential campaign moves in the final stage, ITIF is presenting general principles and specific recommendation ideas across several policy areas we believe the next President and Congress should adopt to restore U.S. global competiveness and prosperity.
As chronicled in Innovation Economic: The Race for Global Advantage, the United States is losing its once formidable edge as an innovator. Many other nations are putting in place better tax, talent, technology and trade policies, and reaping the rewards in terms of faster growth, more jobs, and faster income growth. It’s not too late for the United States to regain its lead but it will need to act boldly and with r