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April 23, 2024
US healthcare's 'mind-numbing burden': Advocate CEO
Becker's Hospital Review
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Summary
Eugene Woods, the CEO of Advocate Health, highlighted the significant administrative burdens faced by American healthcare systems during a live interview with the Harvard Business Review. He criticized the overwhelming number of codes and regulations that complicate patient care delivery and reimbursement processes, noting that physicians and healthcare providers are mired in bureaucracy that delays or denies necessary reimbursements. Woods is collaborating with the American Hospital Association to simplify the healthcare system and draws on international examples like Spain to propose shifts toward enhanced primary care access and public health investment. He advocates for doubling public health funding in the U.S. to realize substantial societal returns and calls for a decisive political commitment to healthcare policy.
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