Trends in Healthcare and Reducing Costs

The cost of healthcare this year will remain at historic lows. For 2013, healthcare costs rose 3.6%. For 2014, the rate of increase will be similar. There are several important trends that will help keep costs contained. First, digital tools enable a more "do it yourself" approach to managing one's healthcare. Second, price transparency is […]

Siemens Exits the Hearing Care Industry

Mostly when I write about hearing aids it's about how the products work and what kind of benefits they offer consumers. Or, I try to explain how changes in the retail distribution of hearing aids will affect consumer satisfaction. Ultimately this story may have a similar outcome but it's about high finance, initially. Siemens, one […]

Bee Patrol Diagnostic Team

That sickly sweet smell of an undiagnosed Type I diabetic is the key. Researchers are actually training bees to identify undiagnosed diabetes. Sound rediculous? A waste of taxpayers' money? It actually may save millions of lives as a very low cost detection device in remote areas. The honey bee as physician's assistant. 

Apple Announcement as a Healthcare Issue

Apple made two big announcements yesterday, from a healthcare technology perspective. It introduced the iPhone 6 which features several new health apps, and the Apple Watch which contains an accelerometer, heart monitor, and links to the iPhone GPS.  Both the Watch and the apps are riding the trend of enabling consumers to take control of […]

Why Healthcare Costs Don’t Need to Continue to Rise

Three trends are converging to bring down healthcare costs: price transparency, adoption of Electronic Healthcare Records and mobile technology. According to Bernard Tyson, CEO of Kaiser, capitation encourages cost reduction with no drop off in care. The Kaiser way does not involve price transparency for patients other than their monthly insurance cost. Kaiser keeps costs […]

The Quest for an Artificial Pancreas

More correctly, we are talking about an artificial pancreas system. Using technology, there have been some real breakthroughs in mimicking the pancreas for Type I diabetics recently. We have synchronized continuous measurement glucometers to track blood sugar levels now linked with pumps to administer the necessary insulin. The latest advancement is adding glucogon to the […]

Who knows how much it costs? University of Utah does.

It's pretty hard to reduce costs in healthcare if you don't know how much things costs. Really. Most hospitals do not have a handle on how much it costs to provide care for patients. That is astounding to most of us since we know how much the bills are when we get them. We also […]

iPhone Hearing Aids

As the big hearing aid manufacturers duke it out for market share, they usually concentrate on acquiring practice groups which then become distribution hubs for their products. Rarely is there a product that helps drive new customer acquisition. The Lyric, when it first arrived, was a real innovation that created that kind of stir. ReSound […]

The New Old Medicare Advantage

I ran across this article about how Medicare Advantage is back in the spotlight, this time as a model for future private/public partnerships in creating viable healthcare insurance plans. With lower CMS subsidies than in the past, Medicare Advantage has been forced to get more efficient in delivery of services and in keeping their costs […]