I greatly appreciated the opportunity today to attend a luncheon at the HX360 meeting which convened as part of the 2018 HIMSS Conference. The speaker at this event was Paul Krugman, who won the Nobel Prize for Economics 10 years ago and today is an iconic op-ed columnist at the New York Times And Distinguished Professor of Economics at the City University of New York (CUNY).
I admit to being a bit of a groupie for Paul Krugman’s work. It tickles me to look at Rise Global’s list of the Top 100 Influential Economists: since the advent of this social media influencer list was first published, Krugman has always been #1; I have hovered between the high 30s to the mid-50s (this week I’m #45).
During Krugman’s conversation with Hal Wolf, HIMSS CEO, I live-tweeted the pearls of wisdom that resonated with me. Here are those tweets, in order of tweeting, along with some of the images I used to illustrate my curated comments…
Challenges of #economics & integrating #healthcare #healthIT solutions IDs @HalWolf @HIMSS CEO at #HX360 for context intro’ing 2008 @NobelPrize winner @PaulKrugman #HIMSS18 #Aging #ChronicDisease #HealthConsumers looking for convenience #healtheconomics #healthcosts
Fastest growing jobs in US are in #healthcare says @paulkrugman at #hx360 @himss #himss18 #Healtheconomics is US are tightly integrated into overall American economy. More #nurses than #miners #healthcosts
“There’s an old saw that the US government is an insurance company with an army” quips @PaulKrugman @HIMSS #HIMSS18 #HX360 #Healthinsurance #Medicare #Healthcare #Healthcosts
“I’m checking @Twitter every 45 minutes to see if the #tradewar has started” says @PaulKrugman @HIMSS #HX360 #HIMSS18 #Healtheconomics #Economics #healthcare
How did @POTUS #trade czar get his role? Jared Kushner found a book on @Amazon and found Peter Navarro’s book. “This is not normal” asserts @PaulKrugman @HIMSS #HX360 #HIMSS18 #thenewnormal #tariff #nationalsecurity
Note that there are geographic concentrations in places that produce stuff more efficiently like #Wenzhau the button capital of China or #medtech in @MedicalAlley in MN says @PaulKrugman @HIMSS #HIMSS18 #HX360. This was hypothesis @MichaelEPorter Competitive Advantage of Nations
Remember this: “Older people do two things: they get expensive #healthcare conditions and they vote” cautions @PaulKrugman @HIMSS #HX360 #HIMSS18 #Healtheconomics #HealthPolicy #healthcosts
3 forms of #health financing models accdg to @PaulKrugman: government as #healthcare provider @NHSEngland; #singlepayer #Canada ; regulated/subsidized decentralized a la Switzerland, Germany, #Obamacare #ACA. Lowest-cost is 1st model #HIMSS18 #HX360 @HIMSS #healthcosts #heatlhIT