How to overcome the disruptive forces that can impede high-value innovation

Healthcare Financial Management Association

April 28, 2024

Liz DeForest

Health economist says healthcare system provides little incentive for innovation

The Sound of Ideas

Public Media

There are many examples in our economy of products getting better and cheaper over time, but that's not how it works in the U.S. healthcare system, according to prominent health economist Jim Rebitzer.

Together with his twin brother Robert, who's also a healthcare consultant, Rebitzer wrote a book called, "Why Not Better and Cheaper?" that explores why there's not a lot of incentive to lower healthcare costs, and that developing new lifesaving innovations is not always valued. The result -- they say -- is our society is poorer and less healthy than it ought to be.

Dr. Rebitzer, the Peter and Debra Wexler Professor of Management at Boston University's Questrom School of Business talked about the topic on Ideastream’s “Sound of Ideas.” Rebitzer is also the former chair of the economics department at Case Western Reserve University.

Listen Here

Shortages of generic drugs can’t be blamed solely on group purchasing organizations

By James B. Rebitzer and Robert S. Rebitzer

Stat+First Opinion

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This episode features Bob Rebitzer, National Advisor, Manatt Health & Senior Advisor, Stanford Byers Center for Biodesign & Jim Rebitzer, Peter and Deborah Wexler Professor at Boston University's Questrom School of Business. Here, they discuss insights into their backgrounds & new book they’ve co-authored “Why Not Better and Cheaper? Healthcare and Innovation”, advice for healthcare leaders looking to innovate, and more.

Why can’t Americans Have Better and Cheaper heathcare?

Exploring the Innovation Challenge

Hopkins Business of Health Initiative

A Panel Discussion with Mario Macis and Emilia Simeonova

Redirecting Innovation: Can we? Should We?

Are Today’s Innovations Delivering What They Should?

A panel discussion with Daron Acemoglu, James Rebitzer and Robert Rebitzer moderated by Timothy Simcoe at Questrom School of Business, Boston University.

Bob Rebitzer Bob Rebitzer

LRV Health: Healthcare is Hard Podcast

An interview with twin brothers Jim and Bob Rebitzer – a healthcare economist and healthcare consultant, respectively – who authored the must-read book for anyone working to improve healthcare through innovation.

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Bob Rebitzer Bob Rebitzer

The Rebitzer Twins Brilliantly Dissect Why Americans Pay So Much for Health Care and Get so Little

Economics Matters with Laurence KotlikoFF

Why Not Better and Cheaper? is the title of a fabulous new book by economist, James Rebitzer, and healthcare industry expert, Robert Rebitzer. This book is unusual. It's the first I've encountered that's written by twins! And not just twins, identical twins. And twins that are still talking to each other after the fact! I'm a fraternal twin and know we wouldn't make it past the first chapter. The second unusual thing about this book -- It gets at the heart of America's healthcare system. It's not just the system's organization. It's the failure, for clear cut and highly fixable reasons, to bring established technologies to full use in lowering healthcare costs and improving healthcare outcomes. The U.S. spends 18 percent of GDP -- a higher share by a mile than any other advanced country, yet we rank 21st in healthcare outcomes. Sweden spends 11 percent of GDP on healthcare and has the 4th best outcomes. Jim and Bob spend just 119 pages telling you and your members of Congress, who you must send this book, precisely what's not working in our current system -- all of which can be easily fixed. What things, exactly? How about letting doctors in one state treat patients remotely, as appropriate, in another. Or having a national electronic medical records system. Or receiving care, like an infusion, in our homes, not at the hospital. The list is long, but the book is short. You need to read it for yourself and for our kids, who, in the great scheme of Uncle Sam, slated to go bankrupt paying for our old age healthcare. Jim's a top professor of health economics at the Questrom School of Business at Boston University. Bob is one of the nation's top strategists and consultants on healthcare in the country. He's worked with a host of leading healthcare providers. The team combines theory and practicality in one critically important book.

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Demand, supply, and the perils of unbalanced healthcare reform

WGN TV CHicago Morning news

THCB Gang Episode 129, Thursday July 6

Jul 6, 2023• 0

Joining Matthew Holt (@boltyboy) on #THCBGang on Thursday July 6 at 1pm PST 4pm EST are futurist Ian Morrison (@seccurve); writer Kim Bellard (@kimbbellard); health economist Jane Sarasohn-Kahn (@healthythinker); & patient advocate Robin Farmanfarmaian (@Robinff3);

Two special guests today, Bob Rebitzer, these days at Manatt Health & brother Jim Rebitzer Professor at Boston University’s Questrom School of Business. We’ll be discussing their new book “Why Not Better & Cheaper“

The video is below. If you’d rather listen to the episode, the audio is preserved from Friday as a weekly podcast available on our iTunes & Spotify channels