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Drug prices, lost opportunities, and the real cost of healthcare

Last month, the news was flooded (well, mildly soaked at least) with claims that the NHS is paying too much for drugs. My favourite headline was from the Telegraph, which claimed that researchers thought the ‘NHS should stop buying drugs

Posted in Commentary Tagged with: , , , , ,

Opportunity cost

Health systems do not have endless amounts of money, endless numbers of clinicians, or an infinite number of beds. In other words, they have constrained resources. When we have constrained resources, we have to choose what to use those resources

Posted in Glossary Tagged with: , ,