High expenditure towards the treatment of cancer patients has been hitting the rooftop just like the disease prevalence has. Support, care, and treatment have utterly become super expensive and intensive too. According to a publication in JAMA, this increase is associated to increase in population and aging among people. In fact, it is estimated about $933 billion more was spent on health care in 2013 than in 1996.
Gerald Anderson of Johns Hopkins – Bloomberg School of Public Health linked the high spending to the high health care services. This was in a research dubbed, ‘It’s the Prices, Stupid,’ where along with other scholars this was established. In breaking down the spending on the disease, Joseph Dieleman of the Institute for Health Metrics and Evaluation, University of Washington said that diseases have diverse risk factors that may cause their manifestation and hence their prevalence. He mentioned of deliberate efforts to reduce the spending but listed some hurdles towards the achievement of the same.
Despite efforts to minimize hospital stays, the expenses at the pharmaceuticals, drug prices, and treatment machinery were the biggest challenge. Regardless of the effort, spending still increased. Nonetheless, good willed thoughts and actions are towards reducing the health care spending.
About Eric Lefkofsky
Eric Lefkofsky is a co-founder and Chief Executive Officer of Tempus a healthcare company intuitively making use of technology to make cancer treatment much easier. He has researched and led to the innovation of some disruptive techniques currently being used in cancer diagnosis and treatment. Eric Lefkofsky has also co-founded other companies including, Lightbank, Mediaocean, Uptake, InnerWorkings, and Echo Global Logistics just to mention but a few.
This serial entrepreneur is a graduate of the Law School, Michigan University. Before completing his studies, Eric, alongside a comrade, established a boutique named Brandon Apparel. Eric Lefkofsky is married to Elizabeth Lefkofsky and together give back to the society through the Lefkofsky Foundation and The Giving Pledge. This is motivated by the desire to give human being quality life. He is a regent to the Steppenwolf Theatre Company and Children’s Memorial Hospital, Chicago.