Bloomberg Businessweek: One Health-Care Company’s Audacious Plan to Lower Costs—and Still Turn a Profit

By In the News

From Bloomberg Businessweek: Oak Street’s [a 9-year-old company seeking to reinvent care for Medicare patients with low incomes and chronic health problems] business model is possible because of the way it gets paid. Doctors and hospitals traditionally have fee-for-service arrangements, where each test, procedure, or hospital trip generates a payment. The most intense specialty care is often the most lucrative. Critics say this system directs too much time and money to expensive, needless services, while other valuable care—such as preventive screening—is neglected. Oak Street and others flip this model through agreements with private plans that receive a monthly per-patient fee…

Read More

KUNC: Will Paying People To Get Vaccinated Against COVID-19 Work? What You Need To Know About Colorado’s Million Dollar Vaccine Sweepstakes

By In the News

Colorado has launched its own version of the TV show “Who Wants To Be A Millionaire?” and all residents who are vaccinated against COVID-19 are eligible to win. The state announced it will give away $1 million weekly between June 4 and July 7, using federal CARES Act money that would have gone to vaccine advertising. But how well vaccine incentives actually work remains a bit of an open question. “Colorado, every vaccine works incredibly well,” Gov. Jared Polis said during the Tuesday press conference where he announced the sweepstakes. He pointed to the Pfizer/BioNTech vaccine’s 95% effectiveness in keeping people from…

Read More
Find out how CHIBE faculty are responding to the COVID-19 pandemic