Code Red: An Economist Explains How to Revive the Healthcare System without Destroying It

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Overview

"Just what the doctor ordered. In Code Red, David Dranove explains how the United States came to finance healthcare; critically examines proposals that are often touted as solutions to what ails the healthcare system, like quality report cards and consumer-directed healthcare; and provides his own sensible prescription for reform."--Jill Quadagno, author of One Nation, Uninsured

"This is an excellent book and a truly valuable contribution to the discussion of healthcare in the United States. It frames the debate by providing a concise yet impressive history of healthcare in the United States and then follows it with an analysis of the available solutions. Policymakers, professionals, and students need to hear this message."--Lawton Robert Burns, editor of The Business of Healthcare Innovation

"This is a well-written and thought-provoking book. Few would dispute the current U.S. health system is in crisis. The question is what to do? In this book, David Dranove offers a pragmatic assessment of possible alternatives. The reader comes away with a solid understanding of how basic economic concepts and improved information systems could be combined to improve performance and expand coverage."--William D. White, Cornell University

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Editorial Reviews

Choice
Many books and articles address improvements to the US health care system and the provision of health insurance to all citizens . . . [Dranove's] goal . . . is to review public sector efforts to deal with access, costs, and quality. . . . [I]t is well written . . . and does a good job of providing insights into the national debate. . . . In the end, having a quality system requires an efficient public-private partnership.
Marginal Revolution - Tyler Cowen
Code Red is one of the two or three best books on the economics of health care. It is especially strong on how the current mess evolved historically and what has been tried (or not tried) along the way. This is the place to go to understand PSROs or what happened to the HMO revolution...This book won't make anyone fully happy, but it is a must for fans of health care policy.
Centre Daily Times - Michael P. Meacham
With health care as a key issue in the presidential campaign, it is refreshing to read a balanced, well-reasoned essay on the ailments of our healthcare system, along with some possible remedies. Code Red is an excellent read for health care professionals and policy wonks: it is suitable for anyone interested in the debate, though it employs a modicum of vocabulary from Dranove's discipline, economics.
L. Jones

Many books and articles address improvements to the US health care system and the provision of health insurance to all citizens . . . [Dranove's] goal . . . is to review public sector efforts to deal with access, costs, and quality. . . . [I]t is well written . . . and does a good job of providing insights into the national debate. . . . In the end, having a quality system requires an efficient public-private partnership.
From the Publisher

"Code Red is one of the two or three best books on the economics of health care. It is especially strong on how the current mess evolved historically and what has been tried (or not tried) along the way. This is the place to go to understand PSROs or what happened to the HMO revolution...This book won't make anyone fully happy, but it is a must for fans of health care policy."--Tyler Cowen, Marginal Revolution

"Many books and articles address improvements to the US health care system and the provision of health insurance to all citizens . . . [Dranove's] goal . . . is to review public sector efforts to deal with access, costs, and quality. . . . [I]t is well written . . . and does a good job of providing insights into the national debate. . . . In the end, having a quality system requires an efficient public-private partnership."--R. L. Jones, Pennsylvania State University, College of Medicine, for CHOICE

"With health care as a key issue in the presidential campaign, it is refreshing to read a balanced, well-reasoned essay on the ailments of our healthcare system, along with some possible remedies. Code Red is an excellent read for health care professionals and policy wonks: it is suitable for anyone interested in the debate, though it employs a modicum of vocabulary from Dranove's discipline, economics."--Michael P. Meacham, Centre Daily Times

Marginal Revolution
Code Red is one of the two or three best books on the economics of health care. It is especially strong on how the current mess evolved historically and what has been tried (or not tried) along the way. This is the place to go to understand PSROs or what happened to the HMO revolution...This book won't make anyone fully happy, but it is a must for fans of health care policy.
— Tyler Cowen
Centre Daily Times
With health care as a key issue in the presidential campaign, it is refreshing to read a balanced, well-reasoned essay on the ailments of our healthcare system, along with some possible remedies. Code Red is an excellent read for health care professionals and policy wonks: it is suitable for anyone interested in the debate, though it employs a modicum of vocabulary from Dranove's discipline, economics.
— Michael P. Meacham
Centre Daily Times
With health care as a key issue in the presidential campaign, it is refreshing to read a balanced, well-reasoned essay on the ailments of our healthcare system, along with some possible remedies. Code Red is an excellent read for health care professionals and policy wonks: it is suitable for anyone interested in the debate, though it employs a modicum of vocabulary from Dranove's discipline, economics.
— Michael P. Meacham
Marginal Revolution
Code Red is one of the two or three best books on the economics of health care. It is especially strong on how the current mess evolved historically and what has been tried (or not tried) along the way. This is the place to go to understand PSROs or what happened to the HMO revolution...This book won't make anyone fully happy, but it is a must for fans of health care policy.
— Tyler Cowen
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Product Details

  • ISBN-13: 9780691129419
  • Publisher: Princeton University Press
  • Publication date: 2/4/2008
  • Pages: 281
  • Sales rank: 1,456,967
  • Product dimensions: 6.00 (w) x 9.30 (h) x 1.10 (d)

Meet the Author

David Dranove is the Walter McNerney Distinguished Professor of Health Industry Management at Northwestern University's Kellogg School of Management. His books include "What's Your Life Worth?" and "The Economic Evolution of American Health Care" (Princeton).

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Table of Contents

Acknowledgments vii

PART 1: DIAGNOSING THE CONDITION 1
Introduction 3
Chapter One: An Accidental Healthcare System 8
Chapter Two: Paging Doctor Welby 30
Chapter Three: Therapy for an Ailing Health Economy 58
Chapter Four: The Managed Care Prescription 83

PART 2: SEARCHING FOR CURES 119
Chapter Five: Self-Help 121
Chapter Six: The Quality Revolution 147
Chapter Seven: Mending the Safety Net 176
Chapter Eight: Reviving the American Healthcare System 205

Appendix: An Alphabet Soup of Healthcare Acronyms 235
Notes 239
Bibliography 255
Index 269

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