Studies from B. Feinberg and Co-Researchers Update Current Data on Managed Care (Real-World Evidence and the Behavioral Economics of Physician…

Studies from B. Feinberg and Co-Researchers Update Current Data on Managed Care (Real-World Evidence and the Behavioral Economics of Physician Prescribing)

By a News Reporter-Staff News Editor at Insurance Weekly News -- Investigators publish new report on Managed Care. According to news reporting from Dublin, Ohio, by VerticalNews editors, the research stated, "The projections for the rising cost of healthcare have spurred robust dialogue, and among the many targets for cost control are specialty drugs."

The news correspondents obtained a quote from the research, "An important question thus becomes: Are behavioral economic factors driving physician prescribing? This article presents a review of leading behavioral economic theories and their application to the results of an Oncology Medical Home pilot that reversed incentives from drug administration to patient care. A host of these theories may explain the irrational economic actors in regard to physician prescribing, including heuristics, framing, and defaults."

According to the news reporters, the research concluded: "Ultimately, the complex interplay of behavioral economics may result in reimbursement methodology alternatives to the prevailing fee-for-service payment system having less impact on prescribing behavior than has been conjectured."

For more information on this research see: Real-World Evidence and the Behavioral Economics of Physician Prescribing. American Journal of Managed Care, 2017;23(4):254-256. American Journal of Managed Care can be contacted at: Managed Care & Healthcare Communications Llc, 666 Plainsboro Rd, Ste 300, Plainsboro, NJ 08536, USA.

Our news journalists report that additional information may be obtained by contacting B. Feinberg, Cardinal Hlth Specialty Solut, Dublin, OH 43017, United States.

Keywords for this news article include: Dublin, Ohio, United States, North and Central America, Managed Care.

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