The Daily Stat: High Patient Turnover Hampers Personalized Medicine

Are you having trouble viewing this email? If so, click here to see it in a web browser. HOME   |   BLOGS   |   THE MAGAZINE   |   BOOKS   |   AUTHORS   |   STORE RSS   |   Mobile MARCH 8, 2010 High Patient Turnover Hampers Personalized Medicine The high customer turnover of many U.S. commercial health-care payers limits the potential usefulness of what's known as "personalized medicine" — a tailored approach to treatment based on the molecular analysis of genes, proteins, and metabolites. High turnover makes it less economically attractive for these payers to reimburse younger patients for tests and interventions to treat conditions that tend to occur later in life. The BRCA1 breast-cancer test is a case in point. Europe's single-payer systems, with lower turnover, are less exposed to this challenge. Source: The microeconomics of personalized medicine Copyright © 2010 McKinsey & Company. All rights reserved. Reprinted by permission. Share Today's Stat: RELATED PRODUCT Conquering a Culture of Indecision Classic Harvard Business Review Article The single greatest cause of corporate underperformance is the failure to execute. According to author Ram Charan, such failures usually result from misfires in personal interactions. ADVERTISEMENT Follow the Stat: BEST SELLERS 10 Must-Read Articles from HBR Guide to Better Business Writing HBR 2009: A Year of Management Ideas HBR's Must-Reads on Managing Yourself How to Get the Right Work Done PREVIOUS STATS Gone with the Wind Still the Box-Office King Shipping Your Luggage Can Save Money The Top Low-Cost Retailers Spend on Customer-Facing Operations Reference Checks Find Discrepancies for Auto-Dealer Applicants Government: The 800-Pound Gorilla? Most Global Profits Come from Turbulent Industries Big-City Rush Hour Blues Now Afflict Smaller Cities Adding Female Directors Hurts Norwegian Firms' Value Layoffs Among Men Boost Women's Share of Workforce Amid Downturn, Firms Make Long-Term Cost Cuts HBR Online Trial Access HBR's in-depth business archives FREE for 14 days. Register today » UNSUBSCRIBE   |   UPDATE YOUR PROFILE   |   MORE EMAIL NEWSLETTERS   |   PRIVACY POLICY Was this email forwarded to you? If so, sign up to start receiving your own copy. ABOUT THIS MAILING LIST You have received this message because you subscribed to the "The Daily Stat" email newsletter from Harvard Business Review. If at any point you wish to remove yourself from this list, change your email address, or sign up for other email newsletters and alerts, please visit the Harvard Business Review Email Newsletter Preference Center. ADVERTISE WITH HBR This enewsletter is read by thousands of decision makers every day. Learn more about connecting your brand with this audience. Copyright © 2010 Harvard Business School Publishing, an affiliate of Harvard Business School. All rights reserved. Harvard Business Publishing | 60 Harvard Way | Boston, MA 02163 Customer Service: 1-800-545-7685 (617-783-7600 outside the U.S. and Canada)