Saturday, December 25, 2004

MERRY CHRISTMAS!

To all those who come by here on this great day

And may all those who recognize Jesus as Lord always walk in his wisdom






The danger of too much caution: "If we are to balance drug safety, innovation in research and development, and the availability and price of new medicines, we must find a way to make regulators accountable for costly errors of all kinds. One way would be to create a vigorous, independent agency ombudsman that could compel regulators to act in the public interest. The office would have to possess the following attributes: (1) independence from the agency and the FDA commissioner; (2) access to independent expertise in relevant disciplines, including medicine, pharmacology, science, regulation, and law; and (3) the power to levy sanctions against FDA employees found to be responsible, individually or collectively, for flawed decisions or policies that constitute severe, avoidable errors."


Banning competition won't get us better hospitals: "Something very odd is happening in the hospital industry. A relatively new kind of hospital, called the specialty hospital, is emerging that seems to be more efficient and produce better health outcomes than existing general hospitals. But instead of welcoming this innovation, policy makers are trying to ban the innovation. Specialty hospitals are typically smaller than traditional general hospitals and focus on a few specific areas of care such as orthopaedic surgery or heart care. They typically offer a higher level of care than general hospitals because specialization allows them to be more effective and efficient."

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For greatest efficiency, lowest cost and maximum choice, ALL hospitals and health insurance schemes should be privately owned and run -- with government-paid vouchers for the very poor and minimal regulation.

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