Late last year the FDA approved a powerful painkiller called Zohydro—a pure hydrocodone drug. And immediately there was a swell of backlash.
The statistics tell you that the rising cost of health care is due to a number of factors including, the cost of drugs and devices and the cost of labour inputs to provide health care services.
Healthcare’s Grand Hackfest, a joint production by MIT’s Hacking Medicine and the Kauffman Foundation, was held March 15-16 at the MIT Media Lab.
The thought process in this scenario is that there is no pre-existing relationship and that, therefore, the only deciding factor can be price. But there is a relationship. And that relationship is called the referral.