HOUSE_OVERSIGHT_020981.jpg

1.61 MB

Extraction Summary

1
People
6
Organizations
5
Locations
0
Events
1
Relationships
3
Quotes

Document Information

Type: Presentation slides / business report
File Size: 1.61 MB
Summary

This document consists of two slides from a KPCB (Kleiner Perkins) presentation titled 'USA Inc. | What Might a Turnaround Expert Consider?'. The slides analyze rising US healthcare costs compared to France, the UK, and Japan between 1970 and 2007, and discuss the economic incentives driving cost growth in the Medicare and Medicaid systems. The document bears a 'HOUSE_OVERSIGHT_020981' Bates stamp, indicating it was obtained as evidence during a House Oversight Committee investigation, likely included in a larger cache of financial or business documents provided by an institution like JP Morgan or Deutsche Bank.

People (1)

Name Role Context
Doug Simpson Source
Cited as source for the healthcare incentives data, affiliated with Morgan Stanley Healthcare Research.

Organizations (6)

Name Type Context
KPCB
Kleiner Perkins Caufield & Byers - The firm that produced the presentation/slides.
OECD
Organization for Economic Co-operation and Development - Cited as a data source.
U.S. Department of Health & Human Services
Cited as a data source.
Kaiser Family Foundation
Cited as a data source.
Morgan Stanley Healthcare Research
Organization providing research data.
House Oversight Committee
Implied by the Bates stamp 'HOUSE_OVERSIGHT' indicating this document is part of a congressional investigation.

Locations (5)

Location Context
USA
Subject of healthcare spending analysis
Comparison country for healthcare spending
UK
Comparison country for healthcare spending
Comparison country for healthcare spending
Mentioned in footnotes regarding lack of comparable data due to reunification

Relationships (1)

Doug Simpson Professional Affiliation Morgan Stanley
Source: Doug Simpson, Morgan Stanley Healthcare Research.

Key Quotes (3)

"USA Total Healthcare Spending Has Risen Faster than Peers’ (France, UK and Japan)"
Source
HOUSE_OVERSIGHT_020981.jpg
Quote #1
"Bottom line = Powerful forces encourage spending related to social / economic / legal issues throughout the healthcare system."
Source
HOUSE_OVERSIGHT_020981.jpg
Quote #2
"Consumers demand healthcare services with less regard for the full economic impact as they pay only a fraction of the true cost out of pocket."
Source
HOUSE_OVERSIGHT_020981.jpg
Quote #3

Full Extracted Text

Complete text extracted from the document (1,261 characters)

Restructure Medicare & Medicaid: Isolate and Address the Key Drivers of Rising Healthcare Costs
USA Total Healthcare Spending Has Risen Faster than Peers’ (France, UK and Japan)*
Total Healthcare Spending as % of GDP
1970
2007
[US Flag] 7% [Arrow] 16%
[France Flag] 5% 11%
[UK Flag] 5% 8%
[Japan Flag] 5% 8%
Note: *Ranked by total healthcare spending in 2007; 1970 comparable data not available for Germany because of reunification.
KP
CB www.kpcb.com
Source: OECD, U.S. Department of Health & Human Services, Kaiser Family Foundation.
USA Inc. | What Might a Turnaround Expert Consider? 279
Restructure Medicare & Medicaid: Incentives Support Healthcare Cost Growth
• Consumers demand healthcare services with less regard for the full economic impact as they pay only a fraction of the true cost out of pocket.
• Healthcare service providers are generally rewarded for pushing more services through the system, largely with relatively less regard for cost effectiveness.
Bottom line = Powerful forces encourage spending related to social / economic / legal issues throughout the healthcare system.
KP
CB www.kpcb.com
Source: Doug Simpson, Morgan Stanley Healthcare Research.
USA Inc. | What Might a Turnaround Expert Consider? 280
HOUSE_OVERSIGHT_020981

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