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Primary Article

International Comparison of the Success, Cost, and Efficiency of Modern Medicine

Carl M. Kjellstrand, Carl Kovithavongs and Erika Szabo
The Journal of Private Equity Summer 2000, 3 (3) 65-77; DOI: https://doi.org/10.3905/jpe.2000.319970
Carl M. Kjellstrand
A clinical professor at Loyola Medical School and the vice president of medical affairs for Aksys Ltd., in Lincolnshire, Illinois.
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Carl Kovithavongs
A first year resident in psychiatry at the University of Alberta in Edmonton, Alberta, Canada.
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Erika Szabo
A second year resident in psychiatry at the University of Alberta in Edmonton, Alberta, Canada.
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Abstract

Traditional “western” medicine has been highly successful in the ten industrialized countries studied for the period from 1980 to 1990. By studying mortality in six diseases deemed amenable to treatment (“avoidable” deaths), as well as mortality for “unavoidable” diseases (primarily degenerative and genetic conditions), and correlating them to health care expenditures, the authors were able to analyze the efficiency of countries' efforts to reduce mortality rates. The lag between spending and health outcomes, as well as the extent of the correlation between expenditures as a percentage of a country's GDP and its mortality rates, may inform and illuminate both fiscal and medical decisions for the future.

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The Journal of Private Equity
Vol. 3, Issue 3
Summer 2000
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International Comparison of the Success, Cost, and Efficiency of Modern Medicine
Carl M. Kjellstrand, Carl Kovithavongs, Erika Szabo
The Journal of Private Equity Aug 2000, 3 (3) 65-77; DOI: 10.3905/jpe.2000.319970

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International Comparison of the Success, Cost, and Efficiency of Modern Medicine
Carl M. Kjellstrand, Carl Kovithavongs, Erika Szabo
The Journal of Private Equity Aug 2000, 3 (3) 65-77; DOI: 10.3905/jpe.2000.319970
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