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  • Doctor slashes the cost of surgeries for India's poor

    In a country where millions of citizens make less than $2 a day, a chain of hospitals has brought down the prices of life-saving surgeries and pioneered a health insurance plan that is just 11 cents a month. These hospitals, called Narayana Health Systems, are exemplified by their productivity, efficiency and volume of surgeries performed, far outstripping the rates of American hospitals. To prove that the same model could work in a developed country, the hospitals opened a location in the Cayman Islands, which proved to be vastly successful and offered hope that this model could continue to spread.

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  • How An Economist Helped Patients Find The Right Kidney Donors

    If you've got a life-threatening medical condition, your first call might not be to an economist. But Alvin Roth used a theory about matching markets to help connect kidney patients and donors.

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  • How Do We Know What Really Works in Healthcare?

    Studying the outcomes of public health delivery can lack a scientific methodology. MIT economists have applied the methodology of randomized controlled trial (RCT) to study the effect of the Medicaid expansion plan in Oregon. These researchers look into how the new healthcare coverage affects clinical outcomes, emergency-room use, and employment.

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  • Serving the base of the pyramid: five tips from emerging-market experts

    The Social Innovation Summit, hosted in New York City, examines five key elements that allow the strategy of marketing to the base of the pyramid to actually succeed, and the companies big and small that are leveraging this approach to sustainably break the cycle of poverty in varied industries for communities around the world.

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