[F]ewer than 2% of all drugs that are investigated by academics in preclinical trials are ultimately approved for sale. A recent study found that just 1 in 5 drugs that were successful after Stage 1 trials made it through the FDA approval process.
Source: Sherry Glied quoted by Timothy Taylor
Also, both authors are very good on why RCTs (randomized controlled trials) rarely produce workable reforms for reducing crime or improving educational results.
Sen. Markey is particularly angry about Steward Health Care’s bankruptcy filing. An investment firm owns 31 Seward hospitals, many of which are in Massachusetts. The perverse incentives in health care are the primary problem. However, that is not something Sen. Markey proposes to address in his Health Over Wealth Act.
The revisions to remote physiologic monitoring and remote therapeutic monitoring codes were considered at last week’s meeting of the American Medical Association’s CPT Editorial Panel, which includes health care professionals and representatives from medical specialty societies, hospitals, payers, and government. After discussion, the panel decided to postpone a vote on the merits of the revisions while various updates proposed during the meeting could be incorporated. The next editorial panel meeting is in September.
Source: STAT: Health Tech
Jason Riley in the WSJ:
Warren’s claim that segregated schools produced inferior educational results was wrong when he wrote it in 1954. That year, an all-black high school within walking distance of the Supreme Court building sent a higher percentage of students to college than any white public high school in Washington.
[On] the 70th anniversary of the landmark Brown v. Board of Education decision… new research confirms a startling trend: School segregation has been getting steadily worse over the last three decades.