Saturday, March 7, 2009

Whither the economy?

I have to admit that I have no idea what's going to happen. We have commercial/industrial RE problems; we have more ARM resets to come; we have Warren Buffet saying 09 and 10 are going to be terrible; we have GM sidling closer and closer to Chapter 11.

In retrospect I think that it's going to look like the Fed and Treasury made a big mistake, when they gave in to those who were complaining about moral hazard and allowed Lehman to go under. It kind've looks to me like the overseas liquidity that was floating us has just disappeared, not to come back except through T-bills. That would mean that the only source to finance the US trade deficit will be governmental, which means enormous federal deficits and borrowing indefinitely. Not good.

Let's hope we get plug-in hybrids going ASAP, to start work on eliminating our oil import portion of the deficit.

Tuesday, February 24, 2009

More on: we need better medicine

Medical care in the US has many, many deficiencies: care is fragmented; physicians are rewarded for "procedures" and tests, not for thinking; physicians are obsessed with billing, and distracted from real care; there's far too much overhead; medical records and care in general is badly under-automated; far too many people are excluded from the system; etc, etc.

That's not at all the same thing as "health care getting worse". Perhaps we're just becoming more and more acutely aware of what's possible, and how far we are from it.

Also, as frustratingly and tragically far as US healthcare is from what it ideally should be, it still appears to be as good or better than any other system in the world. Elsewhere, coverage is far more universal, but care is very badly rationed; research is a little less oriented toward big pharma (which is good), but fundamental drug research is mostly done in the US, and the US subsidizes the rest of the world by selling drugs at much lower prices than in the US.

The US has a larger % of people who are poor and without good health coverage than many countries, and therefore doesn't compare well. In that case, income distribution is indeed the key thing. OTOH, infant mortality in the US is decreasing, and adult longevity is increasing.

Saturday, February 7, 2009

We need better medicine...

An article in the New York Times ( http://www.nytimes.com/2009/02/01/business/01unbox.html?em ) on disruptive, systemic improvements in medicine got me thinking:

30 years ago published studies in a peer-reviewed journal, (based on nothing more than detailed interview of the patient - no electronic medical records required) found that a simple decision-tree based computerized patient history/complaint program could do as well as the average doctor in diagnosis (half of all doctors are below average...). if we can match the 75th percentile, we'll have improved care for 75% of patients. Automated diagnosis should have been widespread decades ago.

Obviously, a computer-assisted diagnosis would be the very best, getting the best of both worlds. Also, such a system would help with self-care enormously.

The bottom line is that the quantity of medical information outstripped the ability of humans to process it many decades ago - that's why we have specialists. Right now they're doing quite badly: repeated studies find that common ailments don't get the standard of care from 40-80% of the time. We desperately need to automate as much as possible.

I've observed doctors quite a bit professionally and personally over the years in settings that range from primary care to tertiary care in the best teaching hospitals (including Mayo Clinic and the ER on which the television show was based), and I've found that most doctors do most diagnosis with very simple "cookbook" algorithms/decision trees. Any honest physician or participant in the health system will confirm this. This is not at all hard to duplicate (and then out-perform) in software. The doctor detectives you see on television, who diagnosis rare illnesses and track down problems with psychic accuracy....well, they may exist, but most patients don't see them.

The suggestion that software that out-performs most physician diagnosis couldn't have been developed decades ago seems laughably absurd to me. It's obviously physician resistance to competition.

Most physicians (and vets, for that matter), are miserably bad at interviewing, recording and remembering complete, accurate patient histories, primary and specialty physicians alike. That's the very first thing that should be automated, and it forms the basis for good diagnosis.

Also, treatment needs to be computer-assisted. There are many studies that say that common problems, for which standards of care exist, don't get the proper treatment 40-60% of the time.
Automated diagnosis & treatment can't do miracles. But most people get sub-par diagnosis and treatment, and this can be changed. Also, such systems would help patient education, compliance and self-management.

Physician hostility to expert systems prevents them from improving. If such systems were welcomed, widespread and worked with by a very large number of physicians, they would begin to capture the very best approaches.

Thursday, January 8, 2009

Why sugar makes us fat!

Apparently, sugar (including sucrose aka table sugar, fructose & high fructose) make us fat.

See: http://www.abc.net.au/rn/healthreport/stories/2007/1969924.htm