Healthcare Program

New Columbia Business School research is the first to assess the impact of introducing new drugs on both branded and generic drug prices

“Contact tracing in New York is not up to par and long delays in test results have jeopardized the ability to use them to stop the spread, but there are serious cultural challenges as well, with American’s concept of individual liberties. In South Korea, there is strict adherence to quarantine. Once someone tests positive, they are moved into a quarantine facility. That’s very different than telling people to stay at home or making facilities available like we’ve done here,” said Professor Carri Chan, an expert in health care operations management who teaches at Columbia University.

Requirements will also vary by workplace setting. At hospitals and in other high-risk settings, for example, vaccination is likely to be mandatory, according to Carri Chan, a Columbia Business School professor and expert on hospital operations.

Requirements will also vary by workplace setting. At hospitals and in other high-risk settings, for example, vaccination is likely to be mandatory, according to Carri Chan, a Columbia University professor and expert on hospital operations.

NEW YORK – In recent years, costs for new prescription drugs in the United States have skyrocketed 60%, and elected officials regularly call for measures to bring down prices. But behind the soaring prices for new medicine, patients are demonstrating a stronger commitment to treatment protocol.

Beyond the decisions that doctors make, the state of the hospitals those doctors work in also largely affects the risk of dying for Covid-19 patients, according to Carri Chan, a professor at Columbia University Business School who specializes in hospital operations management.

“There were very high projections and massive concerns about whether or not the health-care system would be able to handle it,” said Carri Chan, a Columbia University business professor who specializes in hospital management.

“Many surgical patients end up in the ICU, especially if they have complications, and so [postponing surgery is] an effective way to free up some beds. There are also patients who need ventilators during surgery and it’s a way to free up some of those as well, as many serious COVID-19 cases have upper-respiratory issues,” said Professor Carri Chan, an expert in health-care operations management who teaches at Columbia University and has been involved in planning efforts at Columbia Presbyterian Hospital in New York.