tag:blogger.com,1999:blog-5877221018800830362.post3445716507425950665..comments2024-02-22T01:35:03.164-05:00Comments on Cure Strategy (formerly, Serious Medicine Strategy): The Double Miracle of Ibby Caputo--Implications For The Rest Of UsJames P. Pinkertonhttp://www.blogger.com/profile/06914344842339708576noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-5877221018800830362.post-8686931078958553262009-10-14T03:10:53.749-04:002009-10-14T03:10:53.749-04:00Good one, Jim. You don't bring out the main u...Good one, Jim. You don't bring out the main untold point, that in any other medical and economic system, the cure would not have been even invented. Like the double miracle Ibby Caputo has enjoyed, what drives medical and pharmaceutical advance is also twofold: Access to very large amounts of money to pursue research and development of new treatments, and the ability to derive profit from the sales of the results of that research, so those large sums are available. Without the latter, the former would not appear, which, in my opinion, is why almost all medical advances happen in the US. <br />I agree with your concern, that any new heathcare system will have no room for the profits, and without the profit, there will be neither the funds for the next advance, nor the incentive to reinvest those funds in it.<br />This is one reason why "cost containment" is such a scary word in healthcare.Anonymoushttps://www.blogger.com/profile/06224995708640734283noreply@blogger.com