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Barak D. Richman
Duke University - School of Law Krishna Udayakumar
affiliation not provided to SSRN Will Mitchell
Duke University Kevin A. Schulman
Duke University - Duke University Medical Center
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06 Oct 08
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Last Revised:
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26 Oct 08
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148
(57,256)
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Abstract:
Recent discussions in health reform circles have pinned great hopes on the prospect of innovation as the solution to the high-cost, inadequate-quality U.S. health system. But U.S. health care institutions - insurers, providers, and specialists - have ceded leadership in innovation to Indian hospitals such as Care Hospital in Hyderabad and the Fortis Hospitals around New Delhi, which have U.S.-trained doctors and can perform open heart surgery for $6,000 (compared to $100,000 in the United States). The Indian success is a window into America's stalemate with inflating costs and stagnant innovation.
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