Why better outcomes cost less
Seminar for Consilium Scientific
Consilium Scientific, 09/14/2023
Why better outcomes cost less – A seminar my Pramod John The paradox: Why can’t we reject high costs and subpar drug quality? Join us to delve into healthcare inefficiencies driving this disparity and explore a pragmatic path to enhance outcomes and cut costs! Why can’t we say ‘No’ to high prices and low quality for drugs? The United States, which accounts for only 4% of the world’s population, spends as much on drugs as the rest of the world combined (96%). Despite this, health outcomes in the US are often worse than those in developing countries. Economic inefficiencies of the healthcare system are the main drivers of these poor results. By focusing on outcomes and taking a commonsense approach, significant cost savings can be achieved.