In an article published at biospace.com, Dr. Dan Sem, professor of pharmaceutical sciences at CUW, shares some thoughts about "Unpacking the Conundrum of High Healthcare Costs."
It’s easy to point the finger at pharmaceutical companies for helping to drive up rising healthcare costs in the U.S. But ” drug prices are only one aspect of a much larger issue,” writes biotech business journalist Gail Dutton at BioSpace.com. CUW’s Dan Sem is quoted extensively in the article.
One of the big issues contributing to the high cost of healthcare is the lack of transparency. Even now that hospitals are required to post their pricing, the data is so complex that patients still don’t know what a procedure costs. “There’s a lack of transparency and non-value-added middlemen (such as pharmacy benefit managers) are taking advantage of that,” Sem said.
The article also references Sem’s 2020 book, Purple Solutions: A bipartisan roadmap to better healthcare in America.
Click here or on the image below to read the full article. For more information on the recent 6th Annual Healthcare Economics Summit, hosted by Concordia University Wisconsin and the Remedium eXange (Rx) Think Tank, click here.
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