Essays on the Economics of Information Sharing in Healthcare

Essays on the Economics of Information Sharing in Healthcare
Author: Yeongin Kim
Publisher:
Total Pages:
Release: 2018
Genre: Game theory
ISBN:

Since the passage of the Health Information Technology for Economic and Clinical Health (HITECH) Act to reform the U.S. healthcare system, health information technology (IT) has attracted much attention from researchers, care practitioners, patients, and policy makers. Among various aspects of IT use in healthcare, information sharing has been considered as a key component in improving U.S. healthcare. In spite of numerous efforts to meaningfully use IT for information sharing, inefficiency issues still remain. This dissertation studies the economics of information sharing in healthcare and provides insights to formulate the right mechanisms to achieve the goal of IT-driven healthcare reform. The first essay examines the contract issues between a policy maker and care providers that can cooperate by implementing health information exchanges (HIEs). Using a gametheoretical model, we show that neither the traditional fee-for-service (FFS) payment model nor the pay-for-performance (P4P) models induce socially optimal outcomes, while an episodebased payment (EBP) model we identified induces the socially desirable effort levels and HIEs adoption. We further show that the value of an HIE is the highest under the FFS model and the lowest under the P4P models. Our findings imply that as payment models evolve over time, there is a real need to reevaluate the value of information sharing though HIE and the government policies that induce providers to adopt an HIE. The second essay studies the role of information sharing in formulation of policy instruments under the new risks of providers’ medical ligation owing to health IT. Specifically, we examine the role of information sharing in formulation of policies on healthcare operations in the presence of physicians’ liability concerns by using a game-theoretic model. We find when litigation is a concern, an underprovisioning policy may become optimal under the litigation risk, depending on the benefit and cost of the health service. We further show that strategically controlling the sharing of risk information restores the optimality of a standard policy (non-underprovisioning). The results of this study imply that the widespread practice of information sharing may induce underutilization of care resources to mitigate the medico-legal risks due to health IT. In the last essay, we study the impact of patient portals on treatment outcomes in the context of kidney allocation for transplant. Using a longitudinal data set of kidney transplant cases, we empirically show that with the implementation of patient portals for information sharing, patients are more likely to use care resources (donated kidneys) that are underutilized without access to a patient portal. However, the impact could be heterogeneous on sub-populations. This indicates that the efforts to bridge the digital divide may benefit some groups of patients at the expense of other groups, leading to further service disparities in the care service.

Moral Hazard in Health Insurance

Moral Hazard in Health Insurance
Author: Amy Finkelstein
Publisher: Columbia University Press
Total Pages: 161
Release: 2014-12-02
Genre: Medical
ISBN: 0231538685

Addressing the challenge of covering heath care expenses—while minimizing economic risks. Moral hazard—the tendency to change behavior when the cost of that behavior will be borne by others—is a particularly tricky question when considering health care. Kenneth J. Arrow’s seminal 1963 paper on this topic (included in this volume) was one of the first to explore the implication of moral hazard for health care, and Amy Finkelstein—recognized as one of the world’s foremost experts on the topic—here examines this issue in the context of contemporary American health care policy. Drawing on research from both the original RAND Health Insurance Experiment and her own research, including a 2008 Health Insurance Experiment in Oregon, Finkelstein presents compelling evidence that health insurance does indeed affect medical spending and encourages policy solutions that acknowledge and account for this. The volume also features commentaries and insights from other renowned economists, including an introduction by Joseph P. Newhouse that provides context for the discussion, a commentary from Jonathan Gruber that considers provider-side moral hazard, and reflections from Joseph E. Stiglitz and Kenneth J. Arrow. “Reads like a fireside chat among a group of distinguished, articulate health economists.” —Choice

Essays on the Economic and Clinical Impact of Health Information Technology

Essays on the Economic and Clinical Impact of Health Information Technology
Author: Chenzhang Bao
Publisher:
Total Pages:
Release: 2019
Genre: Medical care
ISBN:

The U.S. healthcare system is characterized as inefficient, with excessive expenditure but low care quality. Recent healthcare reform aims to address these concerns and advocates health information technology (IT) as a key component to assist in this goal. In this dissertation, we study the role of health IT innovations under the value-based care structure in reducing cost, boosting quality of care, and improving healthcare efficiency. In the first essay, we focus on the Medicare Accountable Care Organization (ACO) program, which is a major healthcare payment reform initiative. We find that electronic health record (EHR) as an enabler of health information exchange enhances the association between ACO efficiency and quality of care. Our results indicate that meaningful use of EHR contributes to the capability to pursue both performance dimensions with respect to delivery of high-quality care in an efficient manner. In the second essay, we further verify that health information sharing is beneficial in terms of shorter emergency department wait time, reduced inpatient expense, and lower length of stay. However, it is not easy to exchange patient health records across providers. We empirically show that hospitals that adopt electronic medical records (EMR) from commercial vendors are more likely to exchange clinical data when compared to hospitals that use self-developed EMR systems. We also find that both participating in a health information exchange (HIE) and using the same EMR as other regional peer hospitals contribute to the capability of communicating patient data. In the third essay, we focus on patient-centric health IT, termed “patient portals”. We examine the impact of effective usage of patient portal technologies on health outcomes of congestive heart failure patients. We observe that frequent usage of clinical-oriented features, including viewing lab results, requesting medication refills and advice, and interactive messaging with providers, is associated with improvements in several health outcome measures with respect to the frequency of inpatient and emergency visits, readmission risk, and length of hospital stay. Collectively, this dissertation reveals the impact and the mechanism through which health IT systems are improving healthcare delivery, thereby providing a foundation to better understand the role of health IT in the era of healthcare reform. We posit that our findings provide implications associated with the adoption and usage of health IT for healthcare practitioners and policy makers, in an endeavor to revive the U.S. healthcare system.

Essays on Information in Health Economics

Essays on Information in Health Economics
Author: Ethan Marc Jared Lieber
Publisher:
Total Pages: 157
Release: 2013
Genre:
ISBN: 9781303228926

A central feature of the market for health care is imperfect information. I study three different aspects of information in health care in this dissertation. First, I show how health insurance affects consumer search and the prices paid for health care. Second, I show how online health information has changed the demand for physician visits and estimate how much people value online health information. And third, I show how a physician's medical liability affects where she chooses to practice medicine, but that states with liability laws favorable to physicians attract lower quality physicians.

Health System Efficiency

Health System Efficiency
Author: Jonathan Cylus
Publisher: Health Policy
Total Pages: 264
Release: 2016-12-15
Genre: Medical
ISBN: 9789289050418

In this book the authors explore the state of the art on efficiency measurement in health systems and international experts offer insights into the pitfalls and potential associated with various measurement techniques. The authors show that: - The core idea of efficiency is easy to understand in principle - maximizing valued outputs relative to inputs, but is often difficult to make operational in real-life situations - There have been numerous advances in data collection and availability, as well as innovative methodological approaches that give valuable insights into how efficiently health care is delivered - Our simple analytical framework can facilitate the development and interpretation of efficiency indicators.

Communities in Action

Communities in Action
Author: National Academies of Sciences, Engineering, and Medicine
Publisher: National Academies Press
Total Pages: 583
Release: 2017-04-27
Genre: Medical
ISBN: 0309452961

In the United States, some populations suffer from far greater disparities in health than others. Those disparities are caused not only by fundamental differences in health status across segments of the population, but also because of inequities in factors that impact health status, so-called determinants of health. Only part of an individual's health status depends on his or her behavior and choice; community-wide problems like poverty, unemployment, poor education, inadequate housing, poor public transportation, interpersonal violence, and decaying neighborhoods also contribute to health inequities, as well as the historic and ongoing interplay of structures, policies, and norms that shape lives. When these factors are not optimal in a community, it does not mean they are intractable: such inequities can be mitigated by social policies that can shape health in powerful ways. Communities in Action: Pathways to Health Equity seeks to delineate the causes of and the solutions to health inequities in the United States. This report focuses on what communities can do to promote health equity, what actions are needed by the many and varied stakeholders that are part of communities or support them, as well as the root causes and structural barriers that need to be overcome.

Three Essays in Using Communication to Motivate Adoption and Compliance Among Users of Healthcare and Emergency Systems

Three Essays in Using Communication to Motivate Adoption and Compliance Among Users of Healthcare and Emergency Systems
Author: Mohamed Abdelhamid
Publisher:
Total Pages: 147
Release: 2017
Genre:
ISBN:

This thesis explores how information and communication technologies can be used to impact behavior. Specifically, this thesis studies the role of message framing in two domains: health care and extreme events. In both domains, when the communication is persuasive it impacts lives in a positive way. The key component of all communication is information quality. This research show the impact of information on the decisions that people make. The key objective of this dissertation is to keep people safer. Specifically this research examines human behavior in term of (a) adoption of technologies in the healthcare context (b) compliance with message sent through media in extreme events context. This dissertation tries to answer these questions: Does communication influence human behavior? What is the role of message framing in impacting adoption and compliance? Does empowerment persuade users to adopt and comply?To answer these questions, this thesis provides evidence from the healthcare domain and the extreme events domain. In both these domains, the persuasion to adopt/comply comes from being personally impacted by these domains rather than an organizational effort to enforce adoption and compliance. The coercive forces come from the event rather than an organization entity. Traditional economics assume that people are rational decision makers but the last two decades of behavioral economics research show that people are not purely driven by rationality when making decisions. When organization cannot change policies in a certain way and cannot give economic incentives for certain actions then they have to use other means to motivate people to engage in the desired behavior. The broad implicit assumption in all of the 3 essays that form part of this thesis is that users have a choice to comply or not comply / adopt or not adopt. Furthermore, the belief is that people empowered with knowledge make rational choices. Thus, in each of the three essays we empower users with knowledge and control and examines the influence on compliance and adoption. In extreme events, being able to reach students almost immediately to inform them about emergency situations on campus and how to react to them is very important from a compliance point of view. Twersky and Kahneman (1974) suggest that people rely heavily on the first piece of information they receive when making prompt decisions. Despite the rapid adoption of campus emergency notification systems; in the last decade approximately 227 people were killed in shootings that took place in campuses and schools. Likewise; the center for disease control reports that between 1% and 2% of violent death occurs at or near schools. The difference between life and death can be due to lack of communication between university officials and students. The decision of individual to choose a certain behavior is influenced by the way the information is presented. Campus Emergency notification systems (ENS) can be used efficiently improve communication between University officials and students. Using a scenario based survey we investigate the appropriate message framing to improve compliance with messages sent via ENS for extreme events. Thus, 2 tries to answer the following main question: How does message framing impact students compliance to ENS messages in fast moving extreme events such as active shooter? In the health care context, Health information exchanges (HIEs) are multi-sided platforms in which many entities interact patients as well as various types of providers, such as hospitals, primary care physicians, and laboratory testing facilities, among others. HIEs enable smoother interoperability and better integration of data related to a specific patient. Availability of patient records to providers is based on patient consent. Patient consent relates to patients permitting the sharing of their personal health information with providers who are part of the Health Information Exchange. Patient consent is therefore an important driver that allows for much of the activity on the Health Information Exchange to take place.^It is therefore vital for the long-term sustainability of the Health Information Exchanges as it also drives provider adoption of HIEs. Very few studies have addressed the issue of patient consent. We use persuasive means to increase consent and thus improve the sustainability of HIEs. Essays 1 and 3 try to answer the following questions: How does message framing impacts patient consent? How does providing greater information-flow control to patients impacts patient consent? How does empowering patients with additional services (such as PHR) to control and communicate their health information impacts patients consent?Persuasive communication, message framing, and argument framing have been extensively investigated in the health arena and communication and marketing research. However, to our knowledge, limited research has been conducted in the field on healthcare and emergency systems.

The Changing Economics of Medical Technology

The Changing Economics of Medical Technology
Author: Institute of Medicine
Publisher: National Academies Press
Total Pages: 225
Release: 1991-02-01
Genre: Medical
ISBN: 030904491X

Americans praise medical technology for saving lives and improving health. Yet, new technology is often cited as a key factor in skyrocketing medical costs. This volume, second in the Medical Innovation at the Crossroads series, examines how economic incentives for innovation are changing and what that means for the future of health care. Up-to-date with a wide variety of examples and case studies, this book explores how payment, patent, and regulatory policiesâ€"as well as the involvement of numerous government agenciesâ€"affect the introduction and use of new pharmaceuticals, medical devices, and surgical procedures. The volume also includes detailed comparisons of policies and patterns of technological innovation in Western Europe and Japan. This fact-filled and practical book will be of interest to economists, policymakers, health administrators, health care practitioners, and the concerned public.

The Economics of Privacy

The Economics of Privacy
Author: Avi Goldfarb
Publisher: University of Chicago Press
Total Pages: 236
Release: 2024-08-06
Genre: Business & Economics
ISBN: 0226834085

A foundational new collection examining the mechanics of privacy in the digital age. The falling costs of collecting, storing, and processing data have allowed firms and governments to improve their products and services, but have also created databases with detailed individual-level data that raise privacy concerns. This volume summarizes the research on the economics of privacy and identifies open questions on the value of privacy, the roles of property rights and markets for privacy and data, the relationship between privacy and inequality, and the political economy of privacy regulation. Several themes emerge across the chapters. One is that it may not be possible to solve privacy concerns by creating a market for the right to privacy, even if property rights are well-defined and transaction costs are low. Another is that it is difficult to measure and value the benefits of privacy, particularly when individuals have an intrinsic preference for privacy. Most previous attempts at valuation have focused only on quantifiable economic outcomes, such as innovation. Finally, defining privacy through an economic lens is challenging. The broader academic and legal literature includes many distinct definitions of privacy, and different definitions may be appropriate in different contexts. The chapters explore a variety of frameworks for examining these questions and provide a range of new perspectives on the role of economics research in understanding the benefits and costs of privacy and of data flows. As the digital economy continues to expand the scope of economic theory and research, The Economics of Privacy provides the most comprehensive survey to date of this field and its next steps.