HOUSE_OVERSIGHT_020898.jpg
1.44 MB
Extraction Summary
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People
5
Organizations
1
Locations
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Events
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Quotes
Document Information
Type:
Presentation slides / business report (evidence file)
File Size:
1.44 MB
Summary
The document consists of two slides (pages 113 and 114) from a presentation titled 'USA Inc. | Income Statement Drilldown' produced by KPCB (Kleiner Perkins). The content analyzes US healthcare efficiency compared to OECD averages and comments on the financial implications of the Affordable Care Act (PPACA). The document bears a 'HOUSE_OVERSIGHT_020898' stamp, indicating it is part of a document production for the House Oversight Committee.
Organizations (5)
| Name | Type | Context |
|---|---|---|
| KPCB (Kleiner Perkins Caufield & Byers) | ||
| OECD | ||
| US Dept. of Health & Human Services | ||
| USA Inc. | ||
| House Oversight Committee |
Timeline (1 events)
Locations (1)
| Location | Context |
|---|---|
Key Quotes (2)
"USA per capita healthcare spending is 3x OECD average, yet the average life expectancy and a variety of health indicators in the US fall below average."Source
HOUSE_OVERSIGHT_020898.jpg
Quote #1
"PPACA – America’s new healthcare reform legislation, signed into law on 3/23/10 – creates some reason for concern that it could become an unfunded entitlement."Source
HOUSE_OVERSIGHT_020898.jpg
Quote #2
Full Extracted Text
Complete text extracted from the document (1,211 characters)
Think About That...
• USA per capita healthcare spending is 3x OECD average, yet the average life expectancy and a variety of health indicators in the US fall below average.
• But if you spend way more than everyone else, shouldn’t your results (a.k.a. ‘performance’) be better than everyone else’s, or at least near the top?
• Should you examine sources of waste/inefficiency given lower output despite greater input?
• Definition of ‘Performance’ = Amount of useful work accomplished given certain amount of time and resources.
• Definition of ‘Efficient’ = Obtains maximum benefit from a given level of input of cost, time, or effort.
• But if you spend way more than everyone else, shouldn’t your results (a.k.a. ‘performance’) be better than everyone else’s, or at least near the top?
• Should you examine sources of waste/inefficiency given lower output despite greater input?
• Definition of ‘Performance’ = Amount of useful work accomplished given certain amount of time and resources.
• Definition of ‘Efficient’ = Obtains maximum benefit from a given level of input of cost, time, or effort.
Note: OECD data adjusted for Purchasing Power Parity. * Lifetime healthcare costs = life expectancy (years) x per capita healthcare spending ($ per year, 2006). Source: OECD, US Dept. of Health & Human Services.
KP CB www.kpcb.com
USA Inc. | Income Statement Drilldown 113
KP CB www.kpcb.com
USA Inc. | Income Statement Drilldown 113
Patient Protection and Affordable Care Act (PPACA)
PPACA – America’s new healthcare reform legislation, signed into law on 3/23/10 – creates some reason for concern that it could become an unfunded entitlement.
KP CB www.kpcb.com
USA Inc. | Income Statement Drilldown 114
USA Inc. | Income Statement Drilldown 114
HOUSE_OVERSIGHT_020898
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