Improving Healthcare Value
Oct 7, 2011
In 2008, Emory University received funding from the Foundation to create and support the work of the Center for Entitlement Reform. Under the direction of Dr. Kenneth E. Thorpe, the Center focuses on research and analysis of federal healthcare spending and the development of new policy options to target the true underlying causes of rising healthcare costs.
Over the course of the grant, the Center designed six proposals for reducing costs while improving outcomes within the Medicare and Medicaid programs. Much of the research has been disseminated among healthcare researchers, and Dr. Thorpe continues his outreach to the Centers for Medicare and Medicaid Services and to members of Congress as entitlement program spending remains an important item in ongoing budget talks.
The sixth proposal, which focuses on promoting wellness programs within the Medicare system, was featured in the September 2011 issue of Health Affairs. In the article, Dr. Thorpe proposes that expanding a “proven, community-based weight loss program nationwide . . . could save Medicare $1.8–$2.4 billion over the following ten years.” If all of the Center for Entitlement Reform’s proposals were to be implemented, the potential savings is over $300 billion over 10 years.
Further Reading
Moody’s Downgrade of U.S. Credit Rating Highlights Risks of Rising National Debt
For the first time ever, all three major credit ratings agencies have downgraded U.S. credit below their top rating.
New Report: Rising National Debt Will Cause Significant Damage to the U.S. Economy
On all key financial metrics, from GDP and investment to jobs to wages, the growing national debt harms future economic prospects for American citizens.
The Federal Government Has Borrowed Trillions. Who Owns All that Debt?
Most federal debt is owed to domestic holders, but foreign ownership is much higher now than it was about 50 years ago.