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Is trading lightly regulated? Terrifying :) Even then I assume it's not hard to arrive at a hard-dollar-ROI story that drove the improvements. Medication error
by famousactress 11y ago
Is trading lightly regulated? Terrifying :) Even then I assume it's not hard to arrive at a hard-dollar-ROI story that drove the improvements.
Medication errors end up being a bit of a staring contest: Obviously there's the potential for value in terms of outcomes that are costing someone (payer) money.. but I think historically it's been a hard-enough problem to solve and a hard-enough problem for payers (or anyone, really) to see. Kind of a natural deadlock.
The problem has gotten some attention, though. The IMO study lit a fire, and companies like the ones I worked for chased it down with an obviously vested interest in shining a light on the problem. Bottom line is that hospitals (maybe even most of them now?) buy shit to make this not happen anymore. I wonder if the fashion around buying those things has waned though. I don't really hear about buzz/movement in this space the way I used to, and I severely doubt it's a Solved Problem yet.
Remaining (and super fundamental) problem is that it's way easier and cheaper to sell hospitals garbage than it is to build great solutions (and even if you build great solutions, it doesn't make them massively easier to sell to hospitals).
So until there's some external measurement and accountability, the entire problem space will be dominated by perception-management and not actually moving needles that matter enough.