Is the healthcare crisis solvable?
JB: The healthcare crisis is imminently solvable. I am confident that with the right incentives we will produce massive surpluses in healthcare. There is enough money to take care of people in the US. We need to streamline and engage our smartest people in the system. Physicians are completely disenfranchised from the process today because they are sequestered by professional fees only. SM: As an outsider when I look at the business of healthcare I see a conflict of interest. The alignments of incentive structures are all wrong. It is illogical and contradictory in a capitalistic healthcare system. JB: If you read Adam Smith’s ‘Wealth of Nations’ he points out that specialization of economies and services is what drives efficiencies. That has completely failed in healthcare because every hospital tries to be everything to everyone. We should not have hospitals in the same communities doing the same things. We need regional hospital specializations. Who cares if you have to drive an ext