Mortality rates higher from lack of medicine, not managed care

The urban legends about managed care convey a sense that managed care often leads to early death. However, the business methods employed by managed care frequently result in reduced cost for the companies and the individuals enrolled in the programs. Because of the potential savings, the trend has been to encourage Medicare enrollees to use managed care programs. A recent study by a professor in the business school Washington University in St. Louis and a colleague suggests that it’s not managed care that increases mortality; it’s lack of drug coverage. The study suggests that a one percent increase in the number of people enrolled in Medicare Managed Care without drug coverage would result in an additional 5,100 deaths among the elderly population of the United States in one year.

Setting analysts straight

It’s been two years since New York Attorney General Elliot Spitzer’s crackdown on the securities industry spawned the “Global Analyst Research Settlement.” Spitzer targeted analysts and bankers from the same company for getting a little too cozy with each other. Recently, two professors from Washington University in St. Louis’s Olin School of Business released a report indicating that the Global Settlement is successfully eliminating the apparent conflict of interest.

A Major event

Photo by Kevin LowderFormer U.K. Prime Minister John Major chats with Charles F. Knight at the recent International Business Outlook Conference.

Mahendra Gupta named new dean of the Olin School of Business at Washington University in St. Louis

GuptaMahendra R. Gupta, senior associate dean of the Olin School of Business and the Geraldine J. and Robert L. Virgil Professor of Accounting and Management, will become dean of the business school as of July 1, 2005, according to Chancellor Mark S. Wrighton. Gupta will succeed Stuart Greenbaum who is retiring from the position after ten years of service.
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