August 21, 2023
STAT recently published an article co-authored by James Rebitzer, Professor of Markets, Public Policy, and Law, on the healthcare sector’s adoption of new innovations.
After the Covid-19 public health emergency, the hospital-at-home phenomenon gained popularity, resulting in increased patient satisfaction and decreased mortality and costs. With the recent addition of The Acute Hospital Care at Home Waiver, the financial burden of necessary upfront investments from hospitals has been lessened.
“Health care is rife with such problems, which can slow the uptake of valuable innovations for patients and society. But the hospital-at-home story also illustrates how to manage the problem,” adds Rebitzer.
By having all parties participate in future innovations by reducing uncertainty and sharing information, future healthcare innovations can move quicker.