Evidence receipt / belief
Published · transcript-backedDavid Cutler: belief
8 Sept 2021 Conversations with Tyler David Cutler and Ed Glaeser on the Health and Wealth of Cities
“The kinds of contracts — based on the literature — I think are best, are you get paid a fixed amount for caring for the person.”
Source trail
Everything needed to verify it.
- Speaker
- David Cutler
- Attribution
- Verified speaker
- Claim type
- belief
- Recorded
- 8 Sept 2021
- Publisher
- Conversations with Tyler
Transcript context
…Let’s say you, David Cutler, have $100 billion, and you’ve hired a team of doctors to look after you. What kind of contract do you write with them? You’ve thought about this more and better than anyone. What would you do? The kinds of contracts — based on the literature — I think are best, are you get paid a fixed amount for caring for the person. A per-member per-month fee for caring for the person. If you have an episode of care, there’s a fixed payment for the episode. That encourages coordination across the episode. There’s a lot of outcome measurement, so that you can say, “If you really do a good job caring for the patients or the patient, then you’re going to earn a lot extra.” You would hire a third party to assess how well your doctor had done? Because the literature is not mainly based on people with $100 billion, right? You’re designing something from scratch with extra resources.…
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